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1 Dec 2011: Asian Physical Rubber Gains On Central Bank Moves

Asian physical rubber offer prices rise sharply in line with Tocom and Shanghai futures; a Singapore-based trader says sentiment is boosted by the moves overnight by the Fed, ECB and European central banks to bolster liquidity; still, there’s downside risk Friday as investors may take profit on the sentiment-driven gains before the weekend. No trades are reported so far, a Bangkok-based trader says.

Source: Dow Jones

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1 Dec 2011: AFET Rubber Closing Price »

This entry was posted on Thursday, December 1st, 2011 at 5:21 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.

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