This entry was posted on Tuesday, November 1st, 2011 at 4:57 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 fall more than than Y10/kg on speculative selling and weak Chinese demand; China already has a large volume of rubber available at Qingdao port and demand is limited, an executive at a Tokyo-based commodities brokerage says. Traders expect prices to recover marginally during the night session. The benchmark April contract ends Y10.1 lower at Y297.8/kg after hitting an intraday low of Y296/kg.
Source: Dow Jones