This entry was posted on Tuesday, December 8th, 2009 at 6:39 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.
Beijing – Natural rubber benchmark contract on SHFE down 1%, shedding gains on weaker oil, strengthening dollar. But rubber fundamentals still fairly strong, tracking domestic auto industry, says Shanghai Jinpeng Futures analyst Cao Ziyi. Rubber may test CNY23,000/ton in next rally. Benchmark March contract down CNY230 at CNY22,205/ton.
Source: Moneycontrol.com