| Tocom rubber futures settle 0.6% lower because of the lack of bullish cues. Although there were no raw-material arrivals at Surat Thani central markets for the second straight day Wednesday overall supply is healthy ahead of the low-production season in main producing regions, a Bangkok-based trader says. A rebound is unlikely ahead of the Lunar New Year holiday which starts next week because market confidence is poor, he says. Benchmark June rubber settles Y1.5 lower at Y248.1/kg--off the five-month low of Y246/kg. (huileng.tan@dowjones.com) |
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