This entry was posted on Wednesday, March 2nd, 2011 at 8:14 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] RSS3 rubber on the Agricultural Futures Exchange of Thailand settles 2.8% higher as investors are expecting prices to rebound soon on fundamentals as Thailand has entered the low-production season, says Thailand-based trader; he pegs resistance at THB175/kg. The bellwether Tocom is down; prices have come off sharply from record high levels last month. The benchmark AFET October RSS3 contract settles THB4.65 higher at THB173.25/kg, near the intraday high of THB173.45/kg.
Source: Dow Jones