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Oct 30, 2008

TOCOM rubber futures closed higher midday, as a result of Japanese stocks decline

TOCOM rubber futures closed higher Thursday afternoon, the follow-up to boost buying.

Japanese stocks fell another rubber news to boost buying. Rubber Trade Association of Japan announced that as of July 31, Japan natural rubber stocks totaled

To 9389 tons, representing a July 20 fell 9 percent, below the key level of 10,000 tons.

RSS3 benchmark January contract rose 4.2 yen to 269.2 yen per kg, in August contract rose 2.8 to 275.7 yen.

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