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Dec 21: Tocom RSS3 rubber settles up; resistance at Y273

Singapore – Tocom RSS3 rubber futures settle slightly higher in range bound trade. “Rubber prices are consolidating around current levels,” says Tokyo-based broker; adds absence of fresh leads from other commodities has prevented further gains. Most traders put immediate resistance at Y273/kg. Benchmark Tocom May contract settles Y0.6 higher at Y270.2/kg, off intraday low of Y268.6 .

Source: Moneycontrol.com

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« Dec 18: Thai USS3 Rubber Higher On China Demand
Dec 21: Tocom RSS3 Rubber Higher In Rangebound Trade »

This entry was posted on Monday, December 21st, 2009 at 5:20 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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