This entry was posted on Thursday, September 10th, 2009 at 8:15 am 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.
[Dow Jones] Tocom RSS3 rubber futures settle 3.4% higher amid broad-based buying in several commodities including crude oil, metals. “Funds are investing in commodities, crude oil has extended gains, gold prices have shot above $1,000 an ounce. The outlook for rubber is bullish,” says Singapore-based analyst. Higher auto sales in the Americas, Europe pushing up demand for rubber, says trader in Osaka. Benchmark Tocom February rubber futures settle Y7.1 higher at Y217/kg. (SAM)
Source: Dow Jones