This entry was posted on Monday, June 20th, 2011 at 4:55 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 0.5% lower on falling crude-oil prices during Asian trading hours. Trade is thin Monday due to risk aversion, as investors continue to stay on the sidelines. Tocom will likely continue consolidating around the Y380/kg level, taking external cues until fresh fundamental cues emerge, says a trader. Benchmark November rubber settles Y1.9 lower at Y377.9/kg, off the intraday low of Y374.9/kg.
Source: Dow Jones