This entry was posted on Wednesday, March 18th, 2009 at 7:55 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.
[Dow Jones] Tocom rubber futures settle higher, with benchmark contract closing at a 3-week high above closely-watched Y140/kg level. Recent stability in crude market and weakness in yen vs dollar main factors for today”s rise; further upside possible though Tocom likely to find technical resistance at Y142.7/kg, says trader. Benchmark Aug RSS3 contract settles Y2 higher at Y141/kg. (ANJ)
Source: Dow Jones