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Oct 14: Tocom Rubber Ends Midday Up; Mkt Focus On Y200/kg

Tocom rubber futures end up midday, though off early highs, with sentiment lifted by strong gains on stock markets, firmer crude oil, says trader; adds sentiment improves following two weeks of sharp losses though market watching closely whether March benchmark contract can end today above psychologically important Y200/kg mark. Benchmark Mar RSS3 contract ends midday at Y199.9/kg, up Y8.9 from Friday”s close (yesterday was a holiday) after touching intraday high of Y205.4/kg in early trade. (ANJ)

Source:  Dow Jones Newswires

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« Oct 13: Asian Physical Rubber Prices Lower; Markets Quiet
Oct 14: TOCOM rubber inches up, fails to hold above 200 yen »

This entry was posted on Tuesday, October 14th, 2008 at 9:51 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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