[Dow Jones] Tocom RSS3 rubber futures settle lower on long liquidation amid a lack of clear direction from other markets, economic data, traders say. “The market lacks definitive direction at the moment and investors consider it prudent to take profits,” says Tokyo-based trader; adds even crude oil is stuck at levels around $68/barrel on Nymex with no significant volatility. Most traders put immediate resistance for Tocom rubber futures at Y210/kg, then Y214; support at Y208, then Y205. Benchmark Tocom February rubber futures settle Y1.6 lower at Y209.9/kg after reaching intraday low of Y208.5. (SAM)

Source: Dow Jones

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