This entry was posted on Monday, October 5th, 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.
[Dow Jones] Tocom RSS3 rubber futures settle slightly lower in lackluster trade, with Chinese public holidays a key factor. “Absence of Chinese traders has slowed business, and there seems to be lack of direction in the market,” says Singapore-based trading executive. Last week”s earthquake impact on Indonesia rubber production appears limited, trimming upside price potential. Traders put immediate support at Y200/kg. Benchmark Tocom March contract settles Y0.4 lower at Y200.4/kg after moving in narrow range between Y199.5-Y201.5. (SAM)
Source: Dow Jones