Asian physical rubber prices slide

Asian physical rubber prices slid on Tuesday, tracking the fall of futures contracts on the Tokyo Commodity Exchange. Physical trade was more active than on Monday, with some users buying Thai RSS3 and Indonesia SIR20 through Singapore-based dealers, traders said.
Physical prices were expected to remain firm over the next few weeks as rain in some parts of Thailand's south, the country's main rubber growing area, disrupted tapping, they said. "Although farmers started tapping in some areas, latex output was not much and rains also disrupted tapping," a trader in Thailand's Hat Yai rubber centre said.