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Nostradamus Supreme	09-Nov-2006 20:49        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures rose on Thursday, reversing morning losses on short covering by speculative day traders. The benchmark April contract on the Tokyo Commodities Exchange rose 2.0 yen per kg to settle at 215.4 yen per kg, recovering from an intraday low of 211.0 yen that sparked short covering. However, dealers said they expected TOCOM prices to fall again, but not significantly, and trade in a narrow range of 210.0-215.0 yen per kg. "Everybody fled rubber futures, so I expect a more narrow range," a Japanese trader said. TOCOM trade would remain sluggish over the next week due to lack of fundamental support as increasing supply in rubber producing countries put pressure on prices and there was no support from other commodities, dealers said. Tokyo gold futures, which usually support rubber futures, fell about 1% on Thursday on a technical correction following gains in the last two weeks. "The only way to revive trading is to hear some positive thing from the fundamental side which could make funds come back," the Japanese trader said. Physical prices were also dropping as rain stopped in Thailand, the world biggest rubber exporter, allowing more tapping. The Thai Agriculture Ministry would monitor prices closely and "do something" to support farmers, its top civil servant said without giving further details. However, the government was unlikely to go further than verbal intervention with TOCOM not very active.
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Nostradamus Supreme	08-Nov-2006 18:44        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Asia rubber on TOCOM falls again with demand thin, mood sour.  Japanese rubber futures fell in early trade on Wednesday to the key support of 210.0 yen with physical demand thin and poor sentiment towards futures prices. But traders said they did not expect that support level to hold. At 0456 GMT, the benchmark April contract on Tokyo Commodities Exchange was down 3.2 yen at 211.8 yen perkg on sales by speculators expecting prices to fall further. "Rubber sentiment was very poor," a Japanese trader said. "Despite gold's bullish trend, rubber did didn't get any support and that encouraged technical sales." Physical rubber prices also fell in line with TOCOM as demand was thin in the absence of interest from China, the world biggest rubber buyer. "Supply is rising gradually while stocks are growing, so some traders may have to rush to sell," an Indonesian trader said. Prices of several tyre-grade rubber were expected to fall further over the next few days as rain in Thailand had stopped and tapping was picking up, a trader in Thailand's Hat Yai rubber centre said.
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Nostradamus Supreme	08-Nov-2006 18:29        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	You're welcome, august. Besides stocks, I also invest in UTs and gold savings account. I would buy ETFs too, if there's wider variety and in S$. I don't trade in option and futures as they're high-risk and highly leveraged. You can win big, but also lose big.
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august Senior	08-Nov-2006 13:27        august About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Nostradamus, you are very knowledgeable and am currious about you. One question : besides Stock equity, what other investment would be appropriate for multiple source of income ? Would trading in Option ? Commodities , future ,.. be a save 'bet'. If so, in your opinion, what would be easier to understand ?
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Nostradamus Supreme	07-Nov-2006 23:48        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi august, Prices of rubber futures can be found at TOCOM. The last settlement price for Apr futures was 215.5 yen/kg.
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august Senior	06-Nov-2006 21:28        august About Contact  Quote this Post!
x 0   x 0  Alert Admin	can somebody advise the web page where I can find the price of rubber futures ? The TA looks promising for GMG, but I just want to re-confirm. pls advise. Thanks
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Nostradamus Supreme	31-Oct-2006 23:47        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures fell almost 3% on Tuesday, staying at a two-week low for the third consecutive session as funds continued selling. The benchmark six-month contract on the Tokyo Commodity Exchange , April 2007, dropped 6.6 yen to 217.4 yen per kg after hitting 215.0 yen, its lowest since Oct. 12. "It seemed that funds continued to sell as they saw no upward signal from both the fundamental side and sentiment towards other commodities," a Japanese dealer said.   TOCOM fell for the third straight session since Oct. 26, when prices rose 239.5 yen and failed to break 240.0 yen.   "Only one buyer was in the market on Monday, when we got back from the holiday and they asked for very low prices at which we couldn't sell," an Indonesian trader said after a week's break. Physical trade was thin and buyers were scarce. Physical rubber prices in most producing countries were quoted a little lower from Monday, tracking TOCOM's fall amid thin demand and expectations of increasing supply over the next few weeks as rain stopped.
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Nostradamus Supreme	31-Oct-2006 18:20        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures prices on the Tokyo Commodity Exchange, which set a trend for global prices, have been in a downward trend since mid-June when a key distant contract hit 324.5 yen a kg -- the highest since September 1980. On Tuesday, the key April 2007 TOCOM contract fell as far as 215.0 yen, down 4% on the day and the lowest in almost three weeks.
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Nostradamus Supreme	26-Oct-2006 23:43        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures ended lower in thin trade on Thursday, reversing morning gains due to profit-taking despite bullish trends in other commodities, dealers said. The benchmark March 2007 contract fell nearly 1% or 2.1 yen to settled at 232.2 yen per kg. TOCOM prices were likely to fall further on Friday, especially if gold and oil futures could not maintain their bullish trend, dealers said. Trading volume on the TOCOM futures market was thin as only small investors were active.
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Nostradamus Supreme	26-Oct-2006 16:57        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures dropped on Thursday morning after an early rise due to profit taking despite bullish trends in other commodities, dealers said. At 0429 GMT, the benchmark March 2007 contract was down 0.8 yen at 233.4 yen per kg from Wednesday's 234.3 yen. "It's probably due to the oil and gold prices last night that supported prices in early trade," an Tokyo-based dealer said. "But prices stuck, facing profit taking by players who bought contracts when they were around 230 yen," he added. The October contract expired on Wednesday and the April contract was offered for the first time on Thursday at 236.1 yen per kg. "I think prices should rise further as gold and oil are in a bullish trend," a Singapore-based trader said. Trading volume on the TOCOM futures market was thin as only small investors were active. "I think funds should come back into the market later next week when rubber futures have some direction," a trader said. Physical rubber prices were barely changed, but were expected to rise a little next week due to supply worries following reports of rain in Thailand and floods in Malaysia, traders said. "It's still raining in Thailand and Malaysia and that raised concerns about limited supply over the next week," one said. Rubber trading was expected to revive next week when Indonesia, the world's second largest rubber producer, finishes its week-long holiday.
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Nostradamus Supreme	25-Oct-2006 23:34        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	It said it has entered into a MOU with Indonesian natural rubber processing company PT Bumi Jaya and its three existing shareholders for the planned acquisition of 51% equity stake in the Indonesian company. The MOU takes effect from today and will continue to be in force for six months or until the date on which a definitive joint venture agreement takes place, GMG said in a statement. Under the conditions of the MOU, GMG will pay Bumi Jaya a total of US$3.5m in cash, of which US$2.5m will be used to buy new shares in Bumi Jaya and the remaining US$1m for the exclusive right to market and sell the latter's products. GMG said the investment will serve as first step "towards its growth strategy to increase and diversify the group's production and sales, as well as paving the way for its geographical expansion plan." "As there is no certainty whether GMG will proceed with the proposed transaction, GMG's shareholders and investors are advised to exercise caution when dealing in GMG's shares," it added.
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cashiertan Elite	24-Oct-2006 21:46        cashiertan About Contact  Quote this Post!
x 0   x 0  Alert Admin	dun think ta is pointing up but rather ta seem to suggest that it has bottom out. as stated a last month or 2 ago, i suggested to enter at 8c to 8.5c, however do enter with care tho with proper s/l. possible target 0.115 to 0.135 in a few months. not vested yet as if i want to enter, only when it break abv 0.9 with high volume. or when the signal of accumulation comes..
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Nostradamus Supreme	24-Oct-2006 20:53        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures slipped in thin early trade on Tuesday as some investors liquidated positions in a directionless market with no technical support. "Trading was very thin as funds and speculators were away and several ASEAN market were closed," a Japanese dealer said, "There's nothing special for TOCOM today. Players shifted to the stock market while rubber market was lacking support from gold and oil," another dealer in Japan said. Dealers said they expected TOCOM prices to move in the narrow rage of 230.0-235.0 yen on Tuesday in the absence of such support as both gold and oil futures were lacklustre. Gold prices were steady as the market awaited the Federal Reserve's interest rate decision while oil prices were stuck below US$59 a barrel as the market waited to see if other OPEC members would follow Saudi Arabia's lead in cutting output. Physical rubber trading was also thin and offers for several grades fell slightly due to the holidays. "Supply is falling, but demand doesn't increase. That's why prices could not move upward," a trader in the southern Thai rubber town of Hat-Yai said.
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mwzl95 Member	21-Oct-2006 12:04        mwzl95 About Contact  Quote this Post!
x 0   x 0  Alert Admin	GMG looks like a good buy now with almost all indicators signaling upside.
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Nostradamus Supreme	20-Oct-2006 23:51        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Tokyo rubber futures rose underpinned by rises in other commodity futures. The benchmark March 2007 contract was at 235.7 yen per kg. Trading was thin. Gold rose, trading around US$$600 an ounce, and oil leapt above US$59 a barrel after OPEC unexpectedly increased the scale of its output cut. Traders said they expected the bullish trend in gold and oil to support rubber futures over the next week as the market was dominated mostly by speculators in futures. "It seems like demand and supply do not influence the market any more," another trader said. On the physical front, prices dropped slightly as good weather in Thailand and Malaysia provided better supplies, although there were showers in some parts of Indonesia.
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Nostradamus Supreme	19-Oct-2006 02:01        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	On TOCOM, Oct futures fell 3.4 yen to 224.5 yen.
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Nostradamus Supreme	17-Oct-2006 20:09        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures hit a one-month high, caught up in the bullish mood on commodities as funds came back into the market, but profit taking limited gains. Gold rose to its highest in two weeks due to firmer crude oil prices but was still struggling to crack key resistance at US$600 an ounce. Traders were keeping their eyes on other commodities, such as gold and oil. Buying there could boost interest in rubber. Physical rubber prices were nudged higher by rising TOCOM prices and falling supply in producing countries, especially Thailand, which was hit by rain and violence in rubber tapping regions. Violence emerged again this week in the three southernmost provinces -- Pattani, Yala and Narathiwat -- where more than 1,700 people have been killed since early 2004. Two rubber tappers and a state electricity worker were killed. That caused fear among rubber farmers and many stayed at home in the early hours of the morning, when they usually head to the plantations to catch peak flows, a rubber farmer in Yala said. "Rubber trees produce less latex late in the morning due to higher temperatures, but we don't have a choice," a Patani farmer said. Rubber prices in Indonesia, the world's second biggest producer, also rose a little as rain hit parts of Sumatra, its main producing region.
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Nostradamus Supreme	14-Oct-2006 13:35        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thai natural rubber prices are expected to remain strong, hovering around the current level for the remainder of this year, a leading exporter said. Luckchai Kittipol, head of the Thai Rubber Exporters Association, told Reuters he expected output to fall because the wet season has started in southern Thailand, while demand from China was likely to ease from next month. Thai RSS3 rubber sheet has fallen 40% in price since Jun. "Seasonally, demand for rubber from China is dropping at the start of its winter season in November on slowing demand from tyre makers," Luckchai said. Luckchai forecast that China's total rubber imports from Thailand this year would remain unchanged from last year's 600,000 tonnes. "China did not buy much Thai rubber in the first half of the year because our prices were too high," he said. "But it has increased its rubber imports from Thailand in the second half of the year after our prices have fallen and become competitive against Indonesia and Malaysia." "If the oil price fell to around US$50 a barrel, that would definitely have a big negative impact on natural rubber prices," said Luckchai. High oil prices usually support rubber as it encourages tyre-makers to shift to natural rubber instead of synthetic rubber, a petrochemical product. The rainy season in southern Thailand usually begins in October and last through to mid-December. It curbs tapping and cuts supply by as much as 50%. "Even though I do not expect any shortage in supply. But, it is still a worry given that we just experienced the worst floods in years," Luckchai said. "If the rain is so heavy, unusually heavy, it could further boost the rubber price given that global rubber stocks are quite tight at the moment," Luckchai said. Luckchai was optimistic that separatist violence in the three southern provinces would ease after a new interim government took office following a military coup last month. "From now on, it will get better, I think. And farmers will go out tapping more because they feel safe," said Luckchai.
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Nostradamus Supreme	13-Oct-2006 00:15        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Has been bearish since Aug 06 when the 12-day MA dipped below the 26-day MA. No sign of reversal yet.
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Nostradamus Supreme	12-Oct-2006 20:20        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rains in Thailand may help Tokyo rubber futures regain their footing by the end of October but a recent sell-off has shaken the market's confidence, a survey by Reuters showed. The most active rubber contract on the Tokyo Commodity Exchange may rise to 240 yen per kg by the end of October from 216.2 yen at the end of September, according to the median forecast of five analysts and dealers polled by Reuters. They expected the benchmark contract to trade at a median 225 yen per kg by the end of November. "We are now seeing slight tightness in supplies from Thailand as producers there are limiting shipments to support prices, but I don't think they can continue doing that for a long time," said Hisaaki Tasaka, analyst with Ace Koeki Co. Ltd. "The current downtrend is expected to continue as Thailand enters peak production period," he said. The Japanese futures, which set the tone for physical prices, tumbled to a nine-month low of 200.6 yen per kg in late September on fund selling and have lost more than 30% in value since spiking to a 26-year high of 324.5 yen in mid-June. "Both technically and fundamentally we cannot be bullish about the market," said Shuji Sugata, assistant manager at Mitsubishi Futures. In addition to weather, the market will also watch the state of play of the U.S. economy, demand for automobiles in the United States, Japan and Europe, crude oil and separatist violence in southern Thailand. The three far south provinces produce about 10% of Thailand's rubber. More rains are expected to hit southern Thailand after typhoon Xangsane. That will be the main factor to boost prices for the rest of 2006. Heavy rain has disrupted tapping in the main growing area in the south of Thailand. Floods -- the worst since 1995 -- in Thailand's rural and mountainous north have already left their mark, sweeping away roads, bridges, and schools and ruining crops.
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