This entry was posted on Thursday, September 11th, 2008 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.
Tocom rubber futures settle marginally lower in very thin, rangebound trade; market now in need of fresh incentives, says trader in Tokyo. Adds slightly weaker crude prices also seen as bearish factor for rubber. Market holding above Y300/kg psychological support may help bolster sentiment in near term, though that level not seen as strong support; breakthrough, test of Y290/kg possible in coming sessions. Benchmark February RSS3 contract settles Y0.2 lower at Y301.6/kg. (ANJ)
Source: Dow Jones Newswires