DJ Tocom Rubber Settles Higher; Trade Difficult: Traders -- Market Talk

[Rakayang.Com]

DJ Tocom Rubber Settles Higher; Trade Difficult: Traders -- Market Talk

  Tocom rubber futures settle 4.7% higher, recovering all the losses made Monday, as investors rushed to buy-on-dip and cover their short positions amid the low-production season. Traders say recent price swings are making it difficult to trade, with many preferring to stay on the sidelines instead, as supply is tight. Benchmark August Tocom rubber settles Y10.6 higher at Y235.0/kg. (huileng.tan@dowjones.com)

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