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Daily report on Natural Rubber: October 4, 2012
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Tokyo futures slip from over 4-month top; weak yen aids (Oct. 4)
TOKYO, Oct 4 (Reuters) – Key TOCOM rubber futures slipped early on Thursday, coming off a more than four-month high hit in the previous session, but the yen’s decline to a two-week low against the U.S. dollar is expected to check...
Daily report on Natural Rubber: October 3, 2012
MARKET COMMENTARY
The domestic market remained closed yesterday on account of Gandhi Jayanti, while on Monday, NMCE rubber futures had culminated the session in red and in the ready market RSS4 steadied near Rs.195 a kg. The sentiments are...
Rubber rallies again on cartel action, stimulus measures
TOKYO, KOTTAYAM, INDIA: Rubber futures at Tokyo Commodity Exchange (TOCOM) has risen to a four month high of 273.1 Yen per Kg rising 2.7 Yen on Wednesday as stimulus measures in USA, Europe, the rubber cartel’s decision to cut down exports...
Tokyo futures extend gains to touch 4-month high (Oct 3)
TOKYO, Oct 3 (Reuters) – Key TOCOM rubber futures rose 1.4 percent to a four-month high early on Wednesday, supported by gains in the Singapore market in the prior session and data showing robust U.S. car sales, though uncertainty over...
Watch for Higher Tire Prices as Rubber Rebounds
Thailand, Indonesia and Malaysia — the world’s three largest rubber producing nations — put into effect a plan to bolster natural rubber prices by withholding exports and cutting production on Monday. The plan, announced back...
Tocom Rubber Sharply Higher; To Stay Firm (Oct 2)
Tocom rubber futures rise as much as 3.2%, extending strong gains made in the night session as prices push decisively past the Y265/kg level. Traders say supply is low in major producing countries due to weather concerns and a collective export...
IRCo – Rubber Market Watch: 24 – 28 September, 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
Most Asian stock markets closed higher on Friday. The Shanghai Composite index added 1.5% to 4,387.00, boosted by expectations of government’s further monetary support while...
Tokyo futures flat, China data drags (Oct 1)
TOKYO, Oct 1 (Reuters) – Key TOCOM rubber futures shed early gains to end almost flat on Monday, hit by fresh evidence of slower growth in China, the world’s biggest rubber consumer.
Some traders said that prices could drop further...
Daily report on Natural Rubber: October 1, 2012
MARKET COMMENTARY
Restricted arrivals and steep advances in natural rubber prices in the international market assisted prices in the domestic market to scale-up to its strongest since mid-April this year. RSS4 in the physical market was quoted...
