This entry was posted on Sunday, October 26th, 2008 at 5:34 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.
TOKYO, Oct 24 (Reuters) – Benchmark rubber futures fell by the daily 16 yen limit on Friday as falling stocks markets deepened concerns about demand, while a jump in the yen versus the dollar weighed on yen-based futures prices.
The key Tokyo Commodity Exchange rubber contract for March delivery <0#JRU:> was down 8.4 percent at 175.2 yen per kg, compared with Thursday’s trough of 164.9 yen.
Source: Reuters