This entry was posted on Monday, June 1st, 2009 at 4:10 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] Tocom rubber futures settle higher as market focus stays on recent strong crude oil price gains, despite generally weak rubber fundamentals, trader says. Adds breach of psychologically important Y170/kg also helps boost sentiment; test of next technical resistance level at Y173/kg now possible in coming sessions. Benchmark November RSS3 contract settles Y2.6 higher at Y171.9/kg. (ANJ)
Source: Dow Jones