This entry was posted on Monday, November 14th, 2011 at 4:27 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 RSS3 rubber futures end 6.7% higher on technical buying, higher crude oil and importers’ demand in the physical market. Prices have fallen almost Y50/kg in the last two weeks. “There is a perception that the decline in rubber prices makes buying attractive in the physical and futures markets,” an exporter in Bangkok says. Traders expect prices to ease during the night session on profit taking. The benchmark April contract ends Y17.3 higher at Y276.3/kg.
Source: Dow Jones