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Aug 20: Tocom Rubber Futures Settle Up On Physical Demand

[Dow Jones] Tocom rubber futures settle higher on fresh buying, strong demand in physical market, traders say. “Hedgers who have sold physical natural rubber have set up new long positions,” says Thailand-based exporter; adds higher overnight crude oil also supportive. Benchmark Tocom January RSS3 rubber futures settles Y3.9 higher at Y196.6/kg.

Source: Dow Jones

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« Aug 19: Rubber output falls 13 pct in H1 – ANRPC
Aug 20: Thai USS3 Rubber Prices Tad Up; Tight Supply »

This entry was posted on Thursday, August 20th, 2009 at 3:25 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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