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25 Apr 2012: Tocom Rubber Rises; Trade Slow Ahead Of US Fed Meeting

Tocom rubber futures settle 0.4% higher, tracking equities, but trade is slow ahead of the U.S. Federal Reserve’s policy meeting later in the day. Tocom is supported by the low-production season but concern about the global economy continues to influence prices, traders say. Benchmark October rubber settles Y1.3 higher at Y306.4/kg, after trading in a range of Y304.7-Y308.2/kg.

Source: Dow Jones

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This entry was posted on Wednesday, April 25th, 2012 at 7:39 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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