Thursday, 17 February 2011

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Tokyo Futures Rise On Bullish Technicals

  • Thursday, 17 February 2011
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  • Key Tokyo rubber futures rose on Friday (February 18) and hovered near a record high hit the day before, on a bullish technical outlook due to supply concerns. The key Tokyo Commodity Exchange rubber contract for July delivery rose as hich as 2 yen or 0.4 percent to 530.4 yen per kg as of 0016 GMT, just shy of a record high 530.6 yen hit the previous day. The most active Shanghai rubber



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