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Sept 5: Tocom Rubber Ends Midday Dn On Crude,Demand Trend

[Dow Jones] Tocom rubber futures end midday down as weaker crude weighs, while concerns about demand due to slowing sales of new automobiles in most major economies adds a further selling incentive, says trader. Adds market likely to find minor support at Y307/kg but overall outlook turning weaker. Benchmark Feb RSS3 contract ends midday Y5.8 lower at Y310.7/kg. (ANJ)

Source:  Dow Jones Newswires

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Sept 5: Sicom Rubber Ends Midday Dn On Crude, Slow Demand »

This entry was posted on Friday, September 5th, 2008 at 2:28 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.

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