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Rubber down

Benchmark Tokyo rubber futures closed lower on Tuesday after hitting a six-month high earlier, following a plunge in oil prices and Japanese equities, and a stronger yen, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, have recovered some strength recently due to worries over lower production in flood-hit Malaysia and Thailand.

The Tokyo Commodity Exchange rubber contract for June delivery finished 0.2 yen lower at 214.2 yen per kg. It hit an intraday high of 215.5 earlier, the highest since July 3. The most-active rubber contract on the Shanghai futures exchange for May delivery rose 260 yuan to finish at 13,625 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for February delivery last traded at 150.70 US cents per kg, down 0.6 cent.

Copyright Reuters, 2015


Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln