This entry was posted on Friday, June 17th, 2011 at 9:36 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 0.7% lower in a day of slow trade. Tocom is locked in range trade and may come under some profit-taking pressure Friday, says a trader in south Thailand. “There isn”t really any fresh news, so trade may be remain sluggish ahead of the weekend.” He tips prices to move in a Y377.3-Y390.3/kg range, according to chart-based cues. Benchmark November rubber settles Y2.8 lower at Y383.4/kg after trading in a Y380.8-Y387.3/kg range.
Source: Dow Jones