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Sept 10: Tocom Rubber Settle Up; May Test Y220/Kg

[Dow Jones] Tocom RSS3 rubber futures settle higher after moving both ways in choppy trade; market recovers, matching market expectations. “Since fundamentals are strong and physical buying is brisk, it isn”t surprising that prices have recovered,” said a Tokyo-based trader. Prices may test Y220/kg in near-term, says exporter in Singapore. Benchmark Tocom RSS3 rubber futures settle Y1.1 higher at Y218.1/kg, close to intraday high of Y218.4/kg

Source: Dow Jones

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« Sept 9: Tocom Rubber Settles Up As Funds Buy Commodities
Sept 10: Rubber Climbs to 11-Month High as Oil Rally Boosts Rival’s Cost »

This entry was posted on Thursday, September 10th, 2009 at 7:10 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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