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Nov 18: Tocom Rubber Steady; Outlook Positive

[Dow Jones] Tocom RSS3 rubber futures settle little changed, supported by low inventories in Japan, strong demand, lack of availability. “The market is holding its ground because there are positive leads from the physical market,” said a Tokyo-based analyst. “There has been some profit-taking but overall fundamentals are strong,” says trading executive in Singapore. Benchmark Tocom RSS3 rubber futures settles Y0.1 higher at Y238.4/kg after reaching intraday high of Y239.3. (SAM)

Source: Dow Jones

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« Nov 17: RUBBER-Tokyo futures strike 13-mth high; physicals rise
Nov 18: RUBBER-Tokyo futures near 13-month high on rising oil »

This entry was posted on Wednesday, November 18th, 2009 at 7:32 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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