This entry was posted on Monday, August 10th, 2009 at 4:37 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 RSS3 rubber futures settle up on expected higher sales of automobiles in U.S., weaker yen, concerns that typhoons may hit output in Vietnam, China, traders say; lower crude oil earlier caps gains. “Rubber is mainly supported by the currency market today,” says trader in Tokyo. Traders expect prices to move in Y190-Y200 range in near term. Benchmark Tocom January RSS3 contract settles Y4.5 higher at Y196.4/kg. (SAM)
Source: Dow Jones