This entry was posted on Thursday, October 22nd, 2009 at 7:17 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 up on crude oil”s rise above $80/bbl but off highs on profit-taking. “Since the market has already gained sharply this week, investors are now quickly booking profits,” says trader in Thailand. Prices may continue to rise but in halting manner, says Tokyo-based rubber importer. Benchmark Tocom March rubber futures contract settles Y2.3 higher at Y227.7/kg off intraday high of Y230.6, level not seen since October 2008. (SAM)
Source: Dow Jones