This entry was posted on Thursday, September 8th, 2011 at 6:37 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.
Tocom rubber futures settle 1.0% higher in thin trade, tracking crude-oil prices and Shanghai rubber. Tocom is expected to trade in a wide Y355-Y383/kg range in the next session, as the market awaits U.S. President Barack Obama”s speech on measures to reduce unemployment and a speech from Federal Reserve Chairman Ben Bernanke due later Thursday, says a trader in Thailand. Benchmark February rubber settles Y3.8 higher at Y369.9/kg, off the intraday high of Y372.7/kg.
Source: Dow Jones