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Dec 15: Tocom Rubber Futures Settle Up As Hedgers Buy

[Dow Jones] Tocom RSS3 rubber futures settle higher on strong buying by hedgers. “Singapore dealers and Thai shippers who are selling rubber in the physical market are taking long positions,” says Singapore-based exporter. Fundamentals are strong, but there may be some profit taking during night session, says broker in Tokyo. Benchmark Tocom May contract settles Y4.8 higher Y253.2/kg, close to intraday high of Y253.7.(SAM)

Source: Dow Jones

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« Dec 15: MARKET TALK: Thai USS3 Rubber Higher On Tight Supply
Dec 16: Rubber Gains Most in Four Months as China May Increase Imports »

This entry was posted on Tuesday, December 15th, 2009 at 7:21 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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