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Dec 23: China rubber futures down; CNY23,000/ton tipped

Shanghai – Natural rubber futures on SHFE settle slightly lower on mild profit-taking, says Orient Securities Futures analyst Lin Hui; adds rubber contracts to stay in consolidation next few sessions. Tips rubber contracts to hover around CNY23,000/ton, citing charts. Benchmark March contract settles CNY130, or 0.6%, lower at CNY22,960/ton.

Source: Moneycontrol.com

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This entry was posted on Wednesday, December 23rd, 2009 at 4:11 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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