• Home

  • Rubber

  • Plastic

  • Contact

Search:

Aug 11: Tocom Rubber Futures Settle Up;Support At Y200/Kg

[Dow Jones] Tocom RSS3 rubber futures settle higher on strong demand in physical market, buying support from hedging. “It is not just China but strong buying from all over the world which is pushing up prices,” says exporter in Singapore. Some profit-taking likely near-term but technical support for prices exists at Y200/kg, says Singapore-based analyst. Physical sellers hedging positions on exchange. Benchmark Tocom January RSS3 rubber futures settles Y8 higher at Y204.4/kg after hitting year-to-date high of Y205.4.

Source: Dow Jones

Share this:

  • Twitter
  • Facebook

« Aug 11: Rubber Jumps to 9-Month High as Oil Gain Boosts Demand Outlook
Aug 11: China Rubber Futures Up On Solid Jul Import Data »

This entry was posted on Tuesday, August 11th, 2009 at 4:27 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.

Comments are closed.


  • Useful Links

    • Physical FOB Price
    • SHFE Rubber Price
    • SICOM Rubber Price
    • TOCOM Rubber Price
www.uyong.com
© copyright 2008
Entries (RSS)