The Archive · 1939

Singapore Weekly Rubber Report

Singapore, Nov. 23.

During the last week all markets have steadily advanced, and prices show a considerable improvement on balance. Speculative interest has persisted, and with little or no selling pressure, the undertone of the market remains firm. Nearby positions continue in good demand, and there has been a marked improvement in enquiry for January-March, 1940, sup-ties. At time of writing the market is quiet, latest quotations being as follows:

Spot, 40 cents, up 1% cents.

London, 11%d.. up 36d.

New York, 204 U.S.A. cents, up Ye USA.

cent.

At the auctions yesterday bidding plac. was brisk, and demand good Sao grades. Of 671 tons catalogued, France led with $28.29 tons were offered and 568 tons sold.

The following is the course of trailed the leaders with $1459 and $1435 respectively,

Text read from the printed page and cleaned; old type leaves the occasional error.

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