This entry was posted on Tuesday, August 11th, 2009 at 4:28 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.
[Dow Jones] Natural rubber futures on SHFE settle higher on solid July import data, says analyst Lin Hui with Orient Securities Futures; adds upbeat momentum will likely spread over coming sessions, with prices staying firmly above key CNY19,000/ton level. July natural rubber imports up 31% on year at 170,000 tons, also up 31% from June, according to preliminary data provided by General Administration of Customs. Benchmark January contract settles up CNY360 or 1.9% at CNY19,175/ton. (LIY)
Source: Dow Jones