This entry was posted on Friday, July 6th, 2012 at 7:20 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 slightly higher, tracking Shanghai rubber, which is higher after dipping into negative territory earlier. Kaname Gokon, deputy general manager at Tokyo-based brokerage Okato Shoji expects Tocom to continue moving in the Y250-Y260/kg range in the next week, with traders focusing on U.S. non-farm payrolls report later in the day. Benchmark December rubber settles Y0.4 higher at Y255.2/kg, off the intraday high of Y259/kg.
Source: Dow Jones