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Dec 21: Tocom RSS3 Rubber Higher In Rangebound Trade

[Dow Jones] Tocom RSS3 rubber futures higher after moving both ways in speculative trading. “Rubber is likely to be rangebound today due to a lack of fresh leads in the market,” says Tokyo-based trading executive; adds prices likely to mostly move in Y269-Y273 range for next few hours. Japanese yen, Nymex crude oil futures close to unchanged. Benchmark Tocom May contract trading Y1.0 higher at Y270.6/kg, off intraday low of Y268.6. (SAM)

Source: Dow Jones

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« Dec 21: Tocom RSS3 rubber settles up; resistance at Y273
Dec 22: China rubber futures settle down; tipped range bound »

This entry was posted on Monday, December 21st, 2009 at 5:21 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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