Wednesday, 18 May 2011

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Tokyo Futures Ease, Trade Narrowly As Oil Price Eyed

  • Wednesday, 18 May 2011
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  • Key Tokyo rubber futures eased on Wednesday (May 18) but remained in a narrow range, with a weaker yen and firmer oil prices lending support while expected supplies from producing countries capped the market's upside. FUNDAMENTALS Key Tokyo rubber futures rose 3 percent on Tuesday (May 17),supported by a weaker yen and strength in the Shanghai rubber futures market. The benchmark TOCOM



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