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Jun 3: Tocom Rubber Futures End Lower; Support At Y170

[Dow Jones] Tocom rubber futures end slightly lower in rangebound trade amid selling pressure, lower crude oil – lower at least overnight and in morning session, says exporter in Singapore. Benchmark November Tocom rubber futures contract settles Y1.0 lower at Y170.6/kg. “The rubber market lacks any major influencing factors at the moment and there are no strong intentions of prices going up or down,” says Japan-based trader; adds some price support possible around Y170/kg.

Source: Dow Jones

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This entry was posted on Wednesday, June 3rd, 2009 at 3:28 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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