DJ Tocom Rubber Settles Higher but Gains May Be Short-lived -- Market Talk
Tocom rubber futures settle higher on a weak yen and higher Shanghai rubber but gains may be short-lived, says a Bangkok-based trader. "Given that the yen has dropped so much, Tocom should've gained much more, but it hasn't," he says, adding that Tocom rubber is 5%-8% lower than prices on the spot market as sentiment remains weak. Benchmark February rubber settles Y1.2 higher at Y191.4/kg. (huileng.tan@wsj.com; Twitter: @huileng_tan)
??�: Dow Jones Newswires
