This entry was posted on Friday, July 8th, 2011 at 8:42 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 slightly lower, reversing earlier gains on profit-taking. “Tocom prices fell after they could not break through the Y386/kg resistance,” says a trader in southern Thailand; he adds that Tocom will likely continue falling in the next session, as investors lock in profits before the weekend. Benchmark December rubber settles Y0.2 lower at Y379.2/kg, off the intraday low of Y374.3/kg and gaining 4.1% on week
Source: Dow Jones