Monday, 23 May 2011
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IRCo's WEEKLY MARKET SNAPSHOT: 16 - 20 May 2011
IRCo's DCP rose slightly to 470.26 US cents/kg on Friday while cash rubber prices in Thailand, Indonesia, and Malaysia also followed suit due to firm market fundamentals. However, rubber futures in the region still wobbled because of volatile crude oil futures and Japanese yen against the greenback that convinced market players to be on the sidelines. Worries about the Greek debt situation
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