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Sept 23: Asian Physical Rubber Prices Flat; Markets Quiet

[Dow Jones] Asian cash rubber prices little changed in sluggish trade, as processors, buyers keen to see how Tocom reopens Wednesday, traders say. Focus will also remain firmly on crude oil price movements, with a dip below $100/bbl likely to pressure rubber, particularly as production returns to normal levels in Thailand, Malaysia following recent rain-induced delays, says trader in Singapore.

Source:  Dow Jones Newswires


« Sept 22: Tokyo rubber ends up more than 1 pct as funds buy back
Sept 24: Tokyo rubber closes down 2 pct on demand worries »

This entry was posted on Wednesday, September 24th, 2008 at 11:05 am and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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