This entry was posted on Wednesday, June 8th, 2011 at 7:30 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 0.7% lower as a strong yen and falling crude-oil prices weigh. However, Tocom pares losses as Shanghai heads north after midday; may rebound, says trader in south Thailand. “Tocom should take cues from Shanghai and the yen Thursday; prices may rebound since they closed above Y380/kg today.” Benchmark November rubber settles Y2.8 lower at Y390/kg, off an intraday low of Y384/kg.
Source: Dow Jones