Tocom Rubber Slightly Lower, High-Level Meeting In Focus


7 May 2015, 09:15 SEAST


Tocom RSS3 rubber futures are slightly lower in rangebound trade amid a two-day high level meeting in Kuala Lumpur being attended by industry officials and ministers from the Association of Natural Rubber Producing Countries.


International Rubber Consortium chief executive Yium Tavarolit says in his weekly note that the meeting is expected to conclude with measures and strategies to improve weak rubber prices.


Benchmark October rubber trades Y0.3 lower at Y222.7/kg.