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Mar 23: Tocom Rubber Settles Lower; May Test 280/kg

[Dow Jones] Tocom rubber futures settle lower in relatively thin trade on lack of strong cues, dragged down by Shanghai rubber futures, Tokyo-based analyst says; adds fundamentals strong, but short- to medium-term technical chart shows downward trend, with test of Y280/kg possible. Benchmark August rubber contract settles Y1.3 lower at Y287.8/kg, off intraday low of Y286.2/kg.

Source: Dow Jones

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« Mar 22: Thai USS3 Rubber Prices Rise; No Supply At Surat Thani
Mar 23: Thai RSS3 Rubber Futures Settle Tad Lower; Rangebound »

This entry was posted on Tuesday, March 23rd, 2010 at 5:33 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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