Rubber prices fall again

Rubber prices fall again

SINGAPORE (AFP): Singapore's rubber futures prices ended lower
in line with the Japanese markets, which finished slightly down
after a strong opening, dealers said yesterday.

"The markets in Tokyo and Kobe opened three yen higher from
their overnight closing levels but there was no buying interest
and they finished one yen lower when sellers came out in full
force at the final bell," a dealer said.

He added that after a quiet morning traders here became
cautious and prices dropped about three cents from the previous
day's close as sellers found little buying interest.

At 0945 GMT Basis September RSS 1 was traded at 204.00
Singapore cents, after hitting a high of 207.00 Singapore cents
at the opening while Basis October RSS 3 was marginally down at
125.50 U.S. cents.

TRS 20 September was traded at 183.00 Singapore cents.