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Jun 8: Tocom Rubber Futures End Lower On Crude

[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

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« Jun 5: SHANGHAI RUBBER WAREHOUSE STOCKS DOWN 616 TONNES – EXCHANGE
Jun 8: Japan rubber stocks up 1.2 pct in 10 days to May 20 »

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.

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