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Thursday, February 24, 2011

Rubber Future Prices Boost Demand Outlook 2011

Rubber Future Prices Boost Demand Outlook 2011 : Commodity rubber future prices jumped to another record high in Tokyo on the back of firm oil prices and supply worries, but profit-taking capped gains, dealers said. Rubber surged to more than 500 yen a kilogram for the first time as signs the global economy is improving boosted speculation demand will keep expanding for the commodity as weather disruptions constrain supplies. The cash price in Thailand also surged to a record.

Rubber Tops 500 Yen to Record as Recovery Boosts Demand Outlook
Rubber surged to more than 500 yen a kilogram for the first time as signs the global economy is improving boosted speculation demand will keep expanding for the commodity as weather disruptions constrain supplies. The cash price in Thailand also surged to a record. Read More...

Rubber Futures Advance as U.S. Data Raise Demand Outlook, Supply Limited
Rubber increased as improvement in U.S. employment and consumer sentiment boosted speculation that demand will expand for the commodity used in tires, and as supply is limited from Thailand, the largest exporter. Read More...

Rubber Commodity market and trading in Asia
The Institute for Supply Management?s index of U.S. non- manufacturing businesses released yesterday showed service industries expanded in January at the fastest pace since August 2005, indicating the economic recovery is broadening. Read More...

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