This entry was posted on Monday, June 8th, 2009 at 3:35 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 end lower on weak crude, profit-taking. “The downward correction in crude oil prices prompted profit-taking in rubber futures today,” says Singapore-based trader. Nymex light, sweet crude for July delivery trading around 79 cents lower at $67.65 a barrel. Even rubber futures in Shanghai are slightly lower, says executive at global trading company. Benchmark Tocom November RSS3 futures contract ends Y3.7 lower at Y168.8/kg.
Source: Dow Jones