Tuesday, 1 March 2011
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Tokyo Futures Rise On Back Of Oil Rally
Key Tokyo rubber futures rose on Wednesday (Mar 2) as sentiment improved on an overnight rally in oil prices and as supply concerns remained. FUNDAMENTALS The key Tokyo Commodity Exchange rubber contract for August delivery climbed 4.9 yen, or 1 percent, to 482 yen per kg as of 0002 GMT. The contract climbed as high as 484.1 yen on Tuesday (Mar 1), the highest since Feb 24. The most
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