This entry was posted on Tuesday, May 7th, 2013 at 7:26 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 RSS3 rubber futures rise 5.9% to a three-week high amid optimism brought about by a weak yen and market-positive developments when Japanese markets were closed Friday and Monday for public holidays–such as a European Central Bank policy decision and U.S. jobs data. Shanghai rubber opened positive but quickly fell negative, which may limit Tocom gains, says a Bangkok-based trader. Benchmark October rubber trades Y13.7 higher at Y267.2/kg, off the intraday high of Y268.4/kg.
Source: Dow Jones