Rubber five-week high jump following US auto sales predictions

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Source: Bloomberg
Rubber reached five-week record high on Wednesday on intensified speculations about increase in demand for the commodity. Rubber for December delivery gained 2.2% on the Tokyo Commodity Exchange. General Motors Co., Ford Motor Co. and Chrysler Group LLC documented sales that helped the industry to achieve the best year from 2007. Rubber futures for September advanced 0.2%. 
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Wed, 04 Jul 2012 10:15:39 GMT

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