This entry was posted on Monday, January 31st, 2011 at 4:15 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 settle lower after moving both ways in volatile trade. After prices rose above Y475/kg, profit-taking set in investors rushed to liquidated longs before the close, says an analyst in Tokyo. Many investors weren”t expecting the decline but had to stop losses with prices moving toward Y465/kg, says a Singapore-based trading executive. The benchmark Tocom July rubber futures contract ends Y3.1 lower at Y466/kg.
Source: Dow Jones