This entry was posted on Thursday, April 16th, 2009 at 7:23 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 mixed, after trading in narrow range without fresh lead. “No strong rally or steep losses were seen on external markets, such as crude oil, equities and yen, so rubber was struggling to find a direction. Besides, the news front remains quiet,” says analyst in Tokyo. Notes positive cues in China”s economic data have already been factored in, so didn”t give much boost to sentiment; rangebound trade expected tomorrow. Benchmark September RSS3 contract down Y1 to settle at Y175.8/kg.(HWS)
Source: Dow Jones