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Tocom RSS3 rubber futures fall after
gaining as much as 1.6% in early trade, taking cues from Shanghai rubber, which
fell into negative territory soon after opening.
Traders say some profit-taking
is expected after strong gains in rubber futures this week; the focus remains on
whether the Fed will introduce new easing measures as it concludes a two-day
policy meeting later in the global day.
A trader in Thailand tips key support at
Y235/kg.
Benchmark February rubber trades Y0.8 lower at Y241.7/kg, off an early
low at Y241.0/kg.
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