DJ Tocom Rubber Settles Higher; January Contract Opens -- Market Talk

[Rakayang.Com]

DJ Tocom Rubber Settles Higher; January Contract Opens -- Market Talk


Tocom rubber futures settle 1.3% higher as traders take new positions in the new January contract, Yutaka Shoji commodity broker in Tokyo Gu Jiong says. He is seeing some traders in Shanghai take long positions in Shanghai's January contract "which should support the market price in Tokyo." Benchmark January rubber settles Y2.7 higher at Y206.5/kg. (isabella.steger@wsj.com)




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