Supply concerns boost Tokyo rubber

Print this page Posted on : 08-27-2008 by recycleinme.com
Tokyo rubber futures were well-supported on Tuesday as lingering concerns over tight supplies boosted the front-month contract after the August contract expired at a historic high the previous day. The new benchmark February contract on the Tokyo Commodity Exchange closed at ¥312.3 per kg after debuting at ¥312.2. It hit an intraday high of ¥314.3, matching the peak reached on Aug. 14.
Source : Business Line

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