This entry was posted on Thursday, July 30th, 2009 at 4:35 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 RSS3 rubber futures settle higher, recover from intraday lows on supply concerns, forecast that heavy rains likely to continue in major growing nation, Thailand, even next week. “Initially weaker crude prompted some selling, but short covering by intraday traders later in the day supported prices,” says Thailand-based broker. There have been positive leads from Shanghai rubber futures, says trading executive in Singapore. Benchmark Tocom January RSS3 rubber futures settle Y2.8 higher at Y184.7/kg after intraday low of Y180.3/kg. (SAM)
Source: Dow Jones