DJ Tocom Rubber Settles Lower; Further Downside Risk -- Market Talk
Tocom rubber futures settle 1.5% lower with prices breaching the Y200/kg psychological support, adding to technical weakness, says Kaname Gokon, deputy manager of research at Okato Shoji Co; he adds Tocom may test the Y195/kg level this week should prices fall more Y5 or more to trigger the circuit breaker. "It's all about technical factors now, not fundamentals," he adds. Benchmark January rubber settles Y3.0 lower at Y198.1/kg. (huileng.tan@wsj.com; Twitter: @huileng_tan)
??�: Dow Jones Newswires
