COLUMN-Asian rubber prices poised for further losses: Clyde Russell

Newswire

--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 30 (Reuters) - Natural rubber prices in Asia are likely to decline to at least last year's lows after major producers abandoned attempts to restrict supply and inventories remain near historical highs. Benchmark Tokyo rubber futures fell as much as 3.9 percent to 257 yen ($2.55) a kilogram on Thursday, while ...

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