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Sept 12: Tocom Rubber Ends Midday Up; Firmer Crude, Supply

[Dow Jones] Tocom rubber futures end midday up on slightly firmer crude oil, bullish spot market prices due to rain-induced tapping disruptions in Thailand, Malaysia, says trader; adds upside likely to remain limited, with Tocom expected to find resistance at Y305/kg; without fresh leads market will continue to be driven primarily by outside factors, like movements in other commodities. Benchmark February RSS3 contract ends midday Y1.1 higher at Y302.7/kg. (ANJ)

Source:  Dow Jones Newswires

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« Sept 11: Tocom Rubber Settles Tad Down; Market Rangebound
Sept 12: Tokyo rubber ends above 300 yen, supplies tight »

This entry was posted on Friday, September 12th, 2008 at 10:39 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.

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