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At the close it was up 3.4 yen at 168.7 (TOCOM.).
The contracts that are already signed between different companies for delivery from August to November of 2005 are not looking too good. The price for rubber is expected to rise five yen on the stock exchange. July's contracts, which have no price limit, finished up seven at 189.8 yen per kg of rubber. This meant that the rubber contracts hit their life-time high. The expectations of investors in Tokyo are that the price of rubber will peak in August and begin to decrease when rubber supplies increase.
The price gap of rubber between the December and July widened to 21...
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