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May 26: Asian Physical Rubber Prices Down; Markets Quiet

[Dow Jones] Asian cash rubber prices move lower, in line with declines in region”s influential futures markets, while buying interest from world”s biggest consumer, China, ahead of holidays Thursday, Friday also muted, say traders. Rain continues to hamper tapping work in southern Thailand; tight supply situation likely to limit downside though thin trade expected for remainder of week due to China”s absence, says trader in Phuket. For a daily breakdown of cash prices for all rubber grades, keyword search ASIAN PHYSICAL RUBBER PRICES to see the item. (ANJ)

Source: Dow Jones

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« May 26: Tocom Rubber Settles Dn;May Stay In Y162-Y166 Range
May 27: RUBBER-Tokyo futures rise on strong oil, weak yen »

This entry was posted on Tuesday, May 26th, 2009 at 5:42 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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