Tokyo rubber recoups after one percent dip in the previous session. Rubber future for august delivery is now trading around 344 yen, 15.3 yen up. The benchmark rubber contract on the Tokyo Commodity Exchange for January delivery is traded at 311.5 yen, 1.18 yen up. The benchmark contract has recovered from last week’s near four-month low of 295.7 yen.
In physical rubber market there were less supplies available as rain in parts of Thailand and Malaysia was disrupting tapping.
The dollar was around 110.20 yen.
Monday, August 25, 2008
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment