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Jan 11: Thai RSS3 Rubber Futures Up; May Test THB105/Kg

[Dow Jones] RSS3 rubber on Agricultural Futures Exchange of Thailand higher on strong fundamentals, speculative buying, tracking gains in Shanghai futures. Tocom closed today so speculators are mainly taking leads from trading in China, says analyst in Bangkok; adds prices may soon rise above THB105/kg as both hedgers, speculators active today. Benchmark May rubber contract on Shanghai Futures Exchange trading CNY610 higher at CNY25,625/ton. Benchmark AFET August RSS3 contract trading THB2.00 higher at THB104.50/kg, close to intraday high of THB104.60/kg. (SAM)

Source: Dow Jones

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« Jan 11: Tocom, C-Com Rubber Items Unavailable Monday
Jan 11: Thai Rubber Futures Rise Above THB105/Kg; 18-Month High »

This entry was posted on Monday, January 11th, 2010 at 7:13 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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