This entry was posted on Monday, May 4th, 2009 at 7:57 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.
[Dow Jones] Sicom rubber futures expected to open around 2.00 U.S. cents higher, bolstered by firmer crude oil prices though thin trade expected due to closure today, Tuesday, Wednesday of bellwether Tocom for a public holiday in Japan, says trader in Singapore. Adds, fundamentals unchanged; output from Thailand, Malaysia continues to be hampered by sporadic rain though wintering in both countries is now over. Thursday, Sicom”s benchmark May RSS3 contract settled 3.40 U.S. cents higher at 163.00 cents/kg; May TSR20 settled 5.80 U.S. cents higher at 151.50 cents/kg. Sicom was closed Friday for a public holiday in Singapore. Sicom”s new June benchmark contracts begin today. (ANJ)
Source: Dow Jones