This entry was posted on Thursday, May 28th, 2009 at 4:34 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 sentiment bolstered by recent strong gains in crude oil prices, while weaker yen vs dollar also a supportive factor. Further upside now expected as benchmark November contract snaps recent minor resistance at Y166/kg; next upside target Y170/kg, market observers say. Benchmark November RSS3 contract settles Y3.3 higher at Y167/kg. (ANJ)
Source: Dow Jones