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Dec 29: Thai RSS3 rubber futures down on long liquidation

Singapore – RSS3 rubber on Agricultural Futures Exchange of Thailand settles lower on long liquidation, rolling over of positions. “The market has been active as investors rolled over their positions to the new August contract but under pressure due to profit taking ahead of the new year,” says trader in Thailand; adds fundamentals still strong due to limited supply in physical market. Most traders put immediate resistance at THB96/kg. New benchmark August RSS3 contract settles THB0.15 lower at THB95.95/kg.

Source: Moneycontrol.com

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Dec 30: SHFE rubber futures mostly lower; crude to set tone »

This entry was posted on Wednesday, December 30th, 2009 at 8:52 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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