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Monday, 21 February 2011

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Rubber Futures Decline After China Raises Reserve Requirements

  • Monday, 21 February 2011
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  • Rubber declined as China stepped up measures to rein in liquidity, dimming demand prospects from the biggest user. The cash price in Thailand, the top supplier, rose to a record. The July-delivery contract declined as much as 0.8 percent to 522.1 yen per kilogram ($6,277) and settled at 524.9 yen on the Tokyo Commodity Exchange. Earlier, it rose as much as 1.2 percent as crude oil gained on



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