Wednesday, 25 May 2011
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Supply Concerns Boost Rubber
Rubber advanced for a second day as persistent rain across southern Thailand, the world's largest producer, disrupted tapping, raising supply concerns. The October-delivery contract climbed as much as 2.7 percent to $385.9 yen per kilogram ($4,703 per metric ton) on the Tokyo Commodity Exchange before settling at 385.8 yen. "Buying momentum continues as the market is concerned over the
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