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Jan 12: Rubber Futures in Tokyo Rise to 16-Month High on China Outlook

Jan. 12 (Bloomberg) — Rubber futures in Tokyo advanced as much as 2.7 percent to a 16-month high on speculation that demand from China will increase.

The June-delivery contract rallied to 299.5 yen per kilogram on the Tokyo Commodity Exchange before trading at 298.4 yen at 9:10 a.m. local time.

Source: Bloomberg

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« Jan 11: Thai Rubber Futures Rise Above THB105/Kg; 18-Month High
Jan 12: Rubber Advances to 16-Month High as Chinese Demand May Expand »

This entry was posted on Tuesday, January 12th, 2010 at 9:07 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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