This entry was posted on Friday, March 13th, 2009 at 9:12 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, March 13 (Jiji Press)–Rubber futures on the Tokyo Commodity Exchange maintained
strength on buybacks Friday afternoon.
The benchmark, most distant August 2009 contract traded at 137.6 yen per kilogram at 3:45 p.m.,
up 4.1 yen from the previous day. Contracts from March to July were 3.1-4.0 yen higher.
Rubber futures turned upward at the opening, attracting short covering and fresh buying on the
back of gains in oil and gold futures. Sentiment continued firm for the rest of the morning
session. Further gains were checked in the afternoon, however.
Source: Jiji Press