This entry was posted on Friday, August 22nd, 2014 at 8:44 am 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 are higher as the yen weakens, with Tocom prices breaching the Y200/kg psychological level in the night session. As overall sentiment is still weak with rubber fundamentals little changed, some traders are skeptical over the longevity of Tocom’s gains; “they will be short-lived,” says a trader in Thailand. Benchmark January rubber trades Y2.1 higher at Y201.4/kg.
Source: Dow Jones