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17 Oct 2011: Tocom Rubber Off Highs On Profit-Taking

Tocom RSS3 rubber futures are off their highs on profit-taking. Prices initially moved up due to supply concerns because of floods in Thailand, says a broker in Singapore. He adds that profit-taking started once prices rose above Y327/kg. The benchmark March contract is Y4.5 higher at Y322/kg, off an intraday high of Y327.90/kg.

Source: Dow Jones

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17 Oct 2011: Thai USS3 Rubber Prices Rise On Tocom; Gains Limited »

This entry was posted on Tuesday, October 18th, 2011 at 9:15 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.

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