Cash Rubber Price in Thailand Climbs to Record 134.05 Baht a Kilogram

The cash rubber price in Thailand climbed to a record, rising 1.5 percent to 134.05 baht ($4.40) per kilogram today, according to the Rubber Research Institute of Thailand. Demand remains strong amid a supply shortage as rain persists in southern Thailand, the institute said. Thailand’s south accounts for 80 percent of total production.

(Source: http://www.bloomberg.com/news/2010-12-03/cash-rubber-price-in-thailand-climbs-to-record-134-05-baht-a-kilogram.html)