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Monday, 21 February 2011
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Tokyo Futures Edge Lower After Shanghai Loss
Key Tokyo rubber futures fell 2.5 percent on Tuesday (February 22) as concerns mounted that China's recent monetary tightening may dent demand, pushing down Shanghai futures prices , but a surge in oil prices lent support. The key Tokyo Commodity Exchange rubber contract for July delivery was down 12.9 yen or 2.5 percent at 512 yen as of 0055 GMT. The contract hit a record high of 535.7 yen
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