Asian NR markets follow upward trend - IRCo

ERJ staff report (DS)

Bangkok -- Rubber prices tested $4 / kg across Asia, according to the weekly price report from IRCo, the Internatinoal Rubber Consortium.

IRCo said, "Torrential rains covered lower northeastern, central and southern parts of Thailand during 17 - 18 October, and the rains will extend into the coming week. Northern Sumatra of Indonesia will be covered with heavy clouds and thunderstorms while southern Sumatra will be covered with scattered thunderstorms in the coming week."

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IRCo's WEEKLY MARKET SNAPSHOT from IRCo

Asian Rubber Markets Continued to Follow an Upward Trend from IRCo