Tuesday, March 22, 2011

Shanghai Rubber Futures Higher; May Consolidate

 Shanghai Futures Exchange natural rubber settles higher, tracking local equities. Analysts say
technical buying after the recent fall also contributes to price gains; they tip short-term consolidation as investors
watch developments from Libya and Japan's nuclear emergency. The benchmark September rubber settles CNY385, or 1.1%,
higher at CNY35,345/ton.

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