This entry was posted on Thursday, January 10th, 2013 at 6:50 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 1.7% higher as a weak Japanese yen and strong China import data boost. Tocom is also supported by firm supply-demand fundamentals although some profit-taking is likely to set in after strong gains this week, says a Bangkok-based exporter. Benchmark June rubber settles Y5.3 higher at Y313.3/kg, off the intraday high of Y316.7/kg, also a fresh eight-month high.
Source: Dow Jones