This entry was posted on Thursday, January 21st, 2010 at 6:19 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] Tocom RSS3 rubber futures reverse earlier losses, settle higher, aided by weaker yen, gains in China equities, commodities in afternoon. “Rubber finally took the cues from Shanghai,” says trader in Singapore. Adds China”s macroeconomic data, although strong, fuels tightening concerns, explaining why most Asia markets seemed to be weak early in wake of U.S. equities, commodities losses overnight. Benchmark June contract settles Y1.8 higher at Y302.7/kg, well off intraday low of Y294.2/kg. (HWS)
Source: Dow Jones