DJ Tocom Rubber Settles Slightly Lower; Range-trade Eyed -- Market Talk
Tocom rubber futures settle slightly lower in a day of slow trade as prices find support around Y200/kg. Market sentiment remains weak and prices are likely to continue moving in the current range, says a Bangkok-based trader; "I don't know what will move prices. After all, they've already fallen 30% this year," he adds, reflecting a directionless sentiment hanging over the rubber trade now. A Tokyo-based analyst pegs resistance at Y205/kg. Benchmark December rubber settles Y0.8 lower at Y200.5/kg, after moving in the Y200-Y202.9/kg range. (huileng.tan@wsj.com; Twitter: @huileng_tan)
??�: Dow Jones Newswires
