Singapore rubber futures

Tue, 14 Nov 1995, 00:00 WIB

SINGAPORE (Reuter): Singapore rubber futures widened gains by
the close in moderate trade yesterday, lifted by spiraling Tokyo
and Indonesian prices, brokers said.

"We heard Indonesian rubber was done at 75 U.S. cents (a
pound) which is very high and we have adjusted our prices
accordingly," one senior broker said. The Tokyo values also
firmed on buying by individual investors.

By 9:45 GMT, Jan-March TSR20 was valued at 231-233 Singapore
cents (US$1.63-$1.65) a kg against 227 last settled. A supply
crunch following persistent rains is causing Indonesian shippers
to run out of supplies, dealers said.

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