Wednesday, March 16, 2011

Shanghai Rubber Futures Higher; Range Trade Ahead

[Dow Jones] Shanghai Futures Exchange natural rubber settles higher amid a broad improvement in regional
market sentiment with signs the Japanese government may be gaining control over its nuclear emergency; analysts say
dip-buying also contributes to today's gains; but they add rubber may still trade in its recent range for the next few
sessions with participants looking for fresh news on Japan's its nuclear crisis and rescue and recovery work. Benchmark
May rubber settles CNY230, or 0.7%, higher at CNY33,500/ton.

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