This entry was posted on Friday, January 15th, 2010 at 8:32 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.
[Dow Jones] Natural rubber price upside still intact, despite recent gains, International Rubber Consortium Chief Executive Abdul Rasip Latiff says. “The price outlook is positive for the next six months due to strong fundamentals,” Abdul Rasip told Dow Jones Newswires. IRCo parent body ITRC will hold ministerial meeting in Kuala Lumpur Jan. 19. Tocom rubber futures rose above Y300/kg this week for first time since September 2008. IRCo content to let market forces set prices, Rasip said: “Why should we push down the prices? Current prices are favorable for the growers.” Keyword search RUBBER PRICES MAY RISE or, in some systems, follow the link to read more. (SAM)
Source: Dow Jones