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May 14: Tocom Rubber Futures Settle Lower; May Fall More

[Dow Jones] Tocom rubber futures settle lower, weaker crude oil prices, equities weigh. Further downside possible tomorrow with market ending today marginally below previous Y166/kg technical support level, though Tocom will continue to be led primarily by external factors, say market observers. Benchmark October RSS3 contract settles Y6 at Y165.7/kg. (ANJ)

Source: Dow Jones

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« May 13: Japan rubber stocks up 0.9 pct in 10 days to Apr 30
May 14: Top rubber producers may revise down export-cut plan »

This entry was posted on Thursday, May 14th, 2009 at 3:57 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.

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