DJ Tocom Rubber Settles Lower; May Test Y200/Kg -Trader -- Market Talk
Tocom rubber futures settle 4.1% lower with cut-loss selling setting in as Shanghai loses as much as 5% intraday. "There is no reason for the decline, just technical selling in a generally depressed market. Gains have been shortlived so far, so we shouldn't get too optimistic," says a Bangkok-based trader who adds prices are likely to test the psychological Y200/kg level Tuesday. Benchmark December rubber settles Y8.7 lower at Y203.2/kg. (huileng.tan@wsj.com; Twitter: @huileng_tan)
??�: Dow Jones Newswires
