This entry was posted on Thursday, July 9th, 2009 at 4:45 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 marginally higher in very thin, rangebound trade with just 8,146 lots done, as participants mostly opt for sidelines pending stronger sense of direction. Crude oil”s recent slide to six-week low, currency exchange rates likely to remain main focus for rubber in near term due to lack of firm fundamental cues, with Tocom likely to trade in Y155-Y165 range, observers say Benchmark December RSS3 contract settles Y0.9 lower at Y158.1/kg. (ANJ)
Source: Dow Jones