DJ Tocom Rubber Settles Lower as Demand Sluggish -- Market TalkTocom rubber futures settle 0.7% lower in a day of rangebound trade as demand remains lackluster in a market where overall supply is expected to outstrip demand this year. Although India is buying internationally due to low prices globally, bids are often low, which further depresses already weak market sentiment, says a trader in Thailand; meanwhile, demand from China is slow due to high domestic stockpiles, he adds. Benchmark January rubber settles Y1.4 lower at Y211.4/kg, after moving in the Y211.1-Y213.1/kg range. (huileng.tan@wsj.com; Twitter: @huileng_tan)
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