NR prices may be on the rise once more

ERJ staff report (DS)

Tokyo — After a brief respite, NR prices may be on the rise once more. Over the last week or two, profit-taking led to a small fall in prices, but thaty may now be over as prices appear to have turned once more.

On the IRCo blog, IRCo said, Investors liquidated their long positions for profit-taking on Tokyo and Shanghai rubber futures in the wake of persistently various bearish market sentiments that pulled down cash prices across the board on 28…

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