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Tuesday, 15 February 2011
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Rubber Climbs to Record as China May Buy to Replenish Stockpiles
Rubber advanced to a record amid speculation that China, the world's largest consumer, may step up buying to replenish stockpiles before the low-production period begins in major growing areas in Thailand. The Thai cash price also climbed to an all-time high. The July-delivery contract climbed as much as 1.2 percent to 520 yen a kilogram ($6,247 a metric ton) before trading at 518.5 yen on the
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