DJ Tocom Rubber Settles Up; Thai Traders Await Government News -- Market Talk
Tocom rubber futures settle slightly higher in slow trade after moving in a narrow band amid the lack of strong cues in a market that is weighed by persistent weak sentiment. With supply tight as tapping slows on depressed prices, a Phuket-based trade executive says prices may pick up when the Thai government announces the sale of its rubber stockpiles at "good prices"; the government is sourcing for buyers, but no deadline has been set for the sale. Benchmark January rubber settles Y0.4 higher at Y197.9/kg, after moving in the Y196.8-Y199.0/kg range. (huileng.tan@wsj.com; Twitter: @huileng_tan)
??�: Dow Jones Newswires
