This entry was posted on Wednesday, November 25th, 2009 at 9:40 am 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.
SINGAPORE (Dow Jones)–The November ribbed smoked sheet rubber 3 grade futures contract on the Tokyo Commodity Exchange expired Tuesday at Y238 a kilogram, with 116 lots delivered.
The expiry price was Y8 higher than the previous settlement, but Y7 lower than the expiry price of Y245/kg for October.
The October contract expired last month with 92 lots delivered. Each lot is five metric tons.
Tocom didn”t provide any information on the buyers and sellers.
Source: Dow Jones