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Nov 25: Tocom Rubber Settles Up On Dip Buying, Crude

[Dow Jones] Tocom rubber futures settle higher, recovering from early decline, with new benchmark May contract settling above Y250/kg, as dip buying emerges, helped by slightly firmer crude oil prices during Asian trading hours. Further upside expected, with rubber futures likely to continue finding support from tight supply in coming sessions. New benchmark May RSS3 contract settles at Y251.9/kg, up Y3.4 from opening. (ANJ)

Source: Dow Jones

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« Nov 25: RUBBER-Tokyo futures higher as oil prices rebound
Nov 26: Tocom Rubber Settles Up; May Touch Y260/Kg »

This entry was posted on Wednesday, November 25th, 2009 at 4:46 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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