Rubber climbs for second day
09:52, July 08, 2010

Email | Print | Subscribe | Comments | Forum 
Futures climbed as much as 1.5 percent to 272.2 yen per kilogram ($3,123 a metric ton) in Tokyo. Rain has disrupted tapping, lowering output, the Rubber Research Institute of Thailand said this week. Crude oil futures in New York gained as much as 0.6 percent, increasing the cost of making rival synthetic rubber.
"Concerns over limited supply and crude oil prices standing above $70 a barrel supported the market," Navarat Kaewpratarn, marketing official at Future Agri Trade Co, said from Bangkok. Buying interest was curbed by the stronger yen, she said.
Source:China Daily
(Editor:黄蓓蓓)

Related Reading
1st hearing of Thai ruling Democrat's case scheduled on Aug. 9
Thai PM hopes weapon amnesty bill to be passed in 3 straight readings
Thai court approves 12-day detention of 5 suspects in BJT bomb
Thai Criminal Court asked for permission to detain 2 BJT bombing
Bangkok Poll: 62.5% of respondents want emergency decree lifted
Renewed enforcement of emergency decree not affecting Thai tourism: minister

Tibet poised to embrace even brighter future, 60 years after peaceful liberation
Chinese official calls for more language, culture exchanges with foreign countries
Senior Chinese leader calls for efforts to develop new energy
Central gov't delegation arrives in Lhasa for Tibet Peaceful Liberation Celebrations
China Southern Airlines sends charter flight carrying peacekeepers to Liberia

