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Jull 13: Tocom Rubber Settles Down; Dec At Near 3-Week Low

[Dow Jones] Tocom rubber futures settle lower; benchmark December contract at its lowest since June 24; weakness in crude oil prices, general lack of supportive fundamental factors continue to encourage selling. Focus in coming sessions will now turn to how Tocom reacts around next technical support at Y152/kg; market will also continue taking cues primarily from external factors. Benchmark Dec RSS3 contract settles Y5 lower at Y153/kg. (ANJ)

Source: Dow Jones


« Jul 13: Rubber Futures in Tokyo Drop as Yen Climbs, Crude Oil Declines
Jul 14: Rubber Gains as Oil, Equities Rally Increases Demand Outlook »

This entry was posted on Monday, July 13th, 2009 at 6:11 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.

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