(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, were little changed after five days of losses as some
traders said investors were buying back contracts they had sold
in anticipation of a decline.
Natural rubber dropped about 5 percent in the previous five
days as traders took short, or sell, positions amid waning
expectations that earlier-than-usual rains in Thailand, the
biggest producer, would restrict supplies.
Read more at Bloomberg Commodities News
benchmark, were little changed after five days of losses as some
traders said investors were buying back contracts they had sold
in anticipation of a decline.
Natural rubber dropped about 5 percent in the previous five
days as traders took short, or sell, positions amid waning
expectations that earlier-than-usual rains in Thailand, the
biggest producer, would restrict supplies.
Read more at Bloomberg Commodities News
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