This entry was posted on Wednesday, May 20th, 2009 at 8:15 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.
[Dow Jones] RSS3 futures on Agricultural Futures Exchange of Thailand settle higher, with benchmark contract breaching previous THB60/kg resistance shortly before close, drawing strength from equity markets, gains in other commodities helping bolster sentiment; further upside now likely though AFET may find immediate technical resistance at THB62/kg, barring fresh bullish fundamental news, while market will also continue to be heavily influenced by external factors, says trader. Benchmark December RSS3 contract settles THB2.00 higher at THB60.50/kg. (ANJ)
Source: Dow Jones