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Jul 23: Tocom Rubber Ends Midday Flat; Market Seeks Cues

[Dow Jones] Tocom rubber futures little changed in thin, rangebound trade, with participants generally opting for sidelines awaiting firmer sense of direction. Tight supply due to rain in key producing countries, firm spot market prices likely to limit downside, though Tocom expected to remain in narrow Y170-Y177 range today, pending fresh cues, participants say. At 0207 GMT, benchmark December RSS3 contract unchanged from yesterday at Y175/kg.

Source: Dow Jones

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« Jul 22: RUBBER-Tokyo futures inch up on steady oil, off 2-mth high
Jul 23: Thai USS3 Rubber Prices Flat; Supply Still Tight »

This entry was posted on Friday, July 24th, 2009 at 8:36 am 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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