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Markets Print edition: 2018-03-28

Tokyo rubber up

Published March 28, 2018 Updated March 28, 2018 12:00am

Benchmark Tokyo rubber futures ended 1.5 percent higher on Tuesday, after hitting a 17-month low in the previous session, as concerns about a potential trade spat between the United States and China eased. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, recovered on optimism that two of the world's largest economies are set to begin negotiations on trade. The Tokyo Commodity Exchange rubber contract for September delivery finished 0.3 yen higher at 179.1 yen ($1.70) per kg.

Copyright Reuters, 2018

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