This entry was posted on Thursday, April 21st, 2011 at 6:44 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 rubber futures settle 3.2% lower on yen strength. Natural rubber prices have been volatile recently as worries about flood-hit Thai supply offsets perceived weaker demand due to broader macroeconomic factors, says Singapore-based senior manager for Asian commodities at Phillip Futures, Avtar Sandu. A Thailand-based trader says Tocom may move in a wide Y405-Y440/kg range Friday. The benchmark September rubber contract settles Y13.6 lower at Y412.3/kg, off the intraday low of Y411.3/kg.
Source: Dow Jones