This entry was posted on Monday, September 8th, 2014 at 6:31 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 0.6% lower in a day of slow trade as China is closed for a public holiday. Despite the weak yen, Tocom’s upside is limited at Y200/kg as the Thai junta is selling the country’s large stockpile and as Shanghai rubber has been weak, says a Tokyo-based analyst who pegs support at Y195/kg. Benchmark February rubber settles Y1.1 lower at Y196.6/kg, after moving in the Y196.1-Y198.0/kg range.
Source: Dow Jones