This entry was posted on Tuesday, March 17th, 2009 at 6:31 pm 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.
Tokyo, March 17 (Jiji Press)–Rubber futures on the Tokyo Commodity Exchange remained at
moderately higher ground Tuesday afternoon.
The benchmark, most distant August 2009 contract rose 2.2 yen from Monday to 138.9 yen per
kilogram at 3:45 p.m. Contracts from March to July were 0.5-2.3 yen higher.
Rubber futures got off to a firm start, attracting bulls’ buying amid rebounds in crude oil and oil
products futures. Further gains were blocked after the opening in the absence of fresh incentives.
Prices fluctuated in a tight range in the afternoon session.
Source: Jiji Press