SINGAPORE, June 27 (Reuters) - China bought several cargoes of Malaysian rubber after prices plunged to their weakest in more than two years, raising hopes the world's largest consumer will step up purchases and turn to other grades too, dealers said on Wednesday. SMR20 was sold to China in a series of overnight deals at $2.83 to $2.84 a kg, free on board, for August shipment - the lowest prices since at least December 2009. Indonesian SIR20, currently at four-year lows, was sold at around ...
Premium Content (PAID Subscription Required)
"China buys SMR20 rubber at lowest prices since late 2009" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.