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Nov 4: Tocom Rubber Settles Up; Outside Cues,Fundamentals

[Dow Jones] Tocom rubber futures settle higher. Benchmark April contract up Y4.1 at Y228.3/kg, supported by firmness in other commodities, recent strength in crude prices, generally supportive fundamentals; cash prices also moving higher Wednesday. Further upside expected in coming sessions. At 0834 GMT, April contract up Y0.8 at Y229/kg in night session; immediate resistance expected at Y230/kg. (ANJ)

Source: Dow Jones

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« Nov 3: IRSG sees 2010 world natural rubber demand up 1.6 pct
Nov 4: RUBBER-Tokyo futures up 2 pct, near 1-year high »

This entry was posted on Thursday, November 5th, 2009 at 8:25 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.

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