This entry was posted on Friday, September 5th, 2008 at 3:02 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] Sicom rubber futures end midday lower as weaker crude oil prices, sluggish consumer uptake amid lingering concerns surrounding slowing global automobile, tire sales weigh, says trader in Singapore. Adds similar decline on bellwether Tocom, now down Y5.3 at Y311.2/kg in afternoon trade adds further pressure. Sicom’s benchmark October RSS3 contract ends midday at 293 U.S. cents/kg vs 294.50 cents at yesterday’s close; October TSR20 at 289.75 cents/kg vs 291.25 cents yesterday. (ANJ)
Source: Dow Jones Newswires