This entry was posted on Monday, January 16th, 2012 at 4:19 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, taking cues from Shanghai rubber, reversing an earlier decline on S&P lowering its ratings on nine euro-zone nations late Friday. The market is awaiting the outcome of a panel meeting Tuesday in Thailand in which possible price intervention measures will be discussed. Benchmark June rubber settles Y2.7 higher at Y280.3/kg, near the intraday high of Y280.6/kg.
Source: Dow Jones