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Aug 14: Asia Physical Rubber Tad Lower; Outlook Positive

[Dow Jones] Asia cash rubber prices slightly lower but outlook positive on less market arrivals. “Though rubber futures declined today, the cash market is still holding strong with only a marginal correction because supply is short,” says exporter in Singapore. Many suppliers aren”t offering SMR20 grade for nearby shipment, says Malaysia-based exporter. For daily breakdown of cash prices for all rubber grades, keyword search ASIA PHYSICAL RUBBER to see the item. (SAM)

Source: Dow Jones

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« Aug 14: Tocom Rubber Futures Settle Tad Dn On Pft-Taking
Aug 17: Rubber Slumps Most in 7 Months on Concern Recovery May Be Weak »

This entry was posted on Friday, August 14th, 2009 at 8:08 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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