Wednesday, 27 April 2011
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Tokyo Futures Up On Firm Oil, Capped By Yen, Auto Concerns
Key Tokyo rubber futures rose on Wednesday (Apr 27) as oil prices firmed, but the rise was capped by a stronger yen and concerns over weak demand from Japan's auto industry which has been hit by supply chain disruptions after last month's earthquake. FUNDAMENTALS The benchmark TOCOM rubber futures for October delivery, rose 5.3 yen or 1.4 percent to 395.2 yen per kg as of 0011 GMT. On
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