This entry was posted on Wednesday, February 4th, 2009 at 8:36 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.
Tocom rubber futures recover from early dip to settle marginally higher after sinking to five-week low in morning session, on back of steady SHFE, reports of strong spot buying by China, says trader. Adds steadier crude prices in Asian day also a supportive factor, though Tocom expected to stay in narrow Y130-Y140 range in coming sessions, pending fresh cues. Benchmark Jul RSS3 contract settles Y0.8 higher at Y135.4/kg. (ANJ)
Source: Dow Jones