Tocom Rubber Lower In Range Trade Amid Uncertainties � Dow Jones

 

17 June 2015, 09:22 SEAST

 

Tocom RSS3 rubber futures are slightly lower in slow, rangebound trade amid the lack of fresh leads, although the market is likely damped this week on macroeconomic uncertainties ahead of the U.S. FOMC policy meeting and an outflow of liquidity from emerging countries, says the International Rubber Consortium chief executive Yium Tavarolit in a note.

 

Benchmark November rubber trades Y0.3 lower at Y229.5/kg, after moving in the tight Y228.8-Y231.1/kg range.