Wed, 22 Jun 1994

Singapore rubber mart quiet

SINGAPORE (AFP): Singapore rubber futures prices were virtually stagnant for most of yesterday with most traders sidelined in the absence of fresh factors, dealers said.

"Nearbys found very little interest partly due to the quiet markets in Japan with traders here adopting a wait-and-see attitude," a dealer said.

RSS 3 moved up on light interest for forward contracts by European manufacturers.

"Thai sellers were in the market and partly satisfied the European interests," the dealer said.

At 0945 GMT, Basis June RSS 3 was last traded 110.50 US cents, Oct./Dec. RSS 1 was quoted at 150.75 Singapore cents and Oct./Dec. TSR 20 was last traded at 150.25 Singapore cents.