This entry was posted on Wednesday, July 14th, 2010 at 7:23 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 1.6% higher, rebounding from 1-month low in night session as yen weakens against greenback, crude pares losses in earlier trading to move steadily upward near close of Tocom trading day. However, just November, December contracts up; July to October all down as seasonal factors, macro-economic uncertainty weigh. Tocom rubber may continue moving sideways with downward bias, says Tokyo-based analyst; pegs support at Y253.6/kg. Benchmark December rubber contract settles Y4.1 higher at Y264.2/kg.
Source: Dow Jones