This entry was posted on Monday, October 20th, 2008 at 3:55 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] Tocom rubber futures hit Y16 upper trading limit in afternoon session on technical rebound, helped by firmer crude oil prices. Room for further gains in near term following recent slump, though longer-term fundamental outlook remans weak, while market will also continue to take cues from wider financial market turmoil in days, weeks ahead, traders say. At 0559 GMT, benchmark Mar RSS3 contract up Y16 at Y185.2/kg. (ANJ)
Source: Dow Jones Newswires