This entry was posted on Thursday, November 19th, 2009 at 6:37 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 higher as funds restructure portfolio. “There”s a perceptible shift in investment toward commodities from currency markets, which is supporting prices,” says analyst in Singapore. Rubber prices gaining from both speculative investment, strong fundamentals, says broker in Tokyo; adds prices may rise to Y250/kg in next few days. Benchmark Tocom RSS3 rubber futures settle Y6.3 higher at Y244.7/kg, close to intraday high of Y245.2. (SAM)
Source: Dow Jones