S'pore rubber futures firm

Fri, 23 Feb 1996

SINGAPORE (AFP): Singapore rubber futures prices firmed yesterday on short-covering by overseas traders, dealers said.

Turnover rose to 4,840 tons from 1,065 tons last Friday, when the market closed for back-to-back Chinese Lunar New Year and Moslem holidays, while prices of the three rubber contracts rose about 4.5 cents each, a dealer said.

March RSS 1 last traded at 229 Singapore cents, March RSS 3 at 163.5 US cents and April TSR 20 at 220 Singapore cents.

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