This entry was posted on Saturday, May 14th, 2011 at 10:22 am 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 2.6% higher, rebounding after Thursday”s selloff. However, volumes are thin ahead of the weekend. Tocom prices got a boost after midday due to gains in crude-oil prices and Shanghai rubber, says an analyst in Tokyo. With Thailand on a weekend break until Tuesday, Tocom is likely to take external cues in Monday”s trading. The benchmark October rubber contract settles Y9.3 higher at Y371.5/kg, near the intraday high of Y371.8/kg.
Source: Dow Jones