Tokyo rubber ends down 0.5%

Print this page Posted on : 07-19-2008 by recycleinme.com
Tokyo rubber futures finished down 0.5 per cent but were up from the day's low on Friday, as strong physical rubber prices and a recovery in oil prices helped offset earlier fund selling.

The key Tokyo Commodity Exchange rubber contract for December delivery finished at ¥330.3, down ¥1.8 or 0.5 per cent, and not far from the day's peak of ¥330.8. This marked a recovery from the day's trough of ¥325.5, a decline of about 2 per cent from Thursday.
Source : Business Line

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