Thursday, 7 April 2011
0
NMCE Rubber drops on active selling
NMCE rubber futures continued the bearish trend on active selling on Wednesday. However, losses were very limited due to positive cues from TOCOM futures. Interest rate hike by central bank of China also weighed on sentiments. Thus, TOCOM futures market traded also reversed the trend on negative side but overall positive fundamental limited the losses and futures settled at �460.80 per Kg.
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