Rubber futures and physical rubber markets in Asia fluctuated in a narrow range throughout the week mainly caused by volatile crude oil futures and a weak yen against the dollar, while both sellers and buyers were on the sidelines to enable them to wait and see clearer cues.
It is anticipated that both rubber markets will be subdued for the rest of December 2014 as most corporations are closing their annual financial accounts and everyone is preparing for the year-end holiday season.
– IRCo