BR100 Decreased By (-1.49%)
BR30 Decreased By (-1.14%)
KSE100 Decreased By (-0.85%)
KSE30 Decreased By (-1.61%)
AGHA 6.12 Decreased By ▼ -0.06 (-0.97%)
BECO 4.15 Decreased By ▼ -0.08 (-1.89%)
BML 60.90 Decreased By ▼ -0.94 (-1.52%)
BOP 30.91 Decreased By ▼ -0.79 (-2.49%)
CNERGY 12.11 Increased By ▲ 0.05 (0.41%)
CSIL 5.66 Increased By ▲ 0.03 (0.53%)
FCCL 58.21 Decreased By ▼ -0.50 (-0.85%)
FFL 13.40 Decreased By ▼ -0.07 (-0.52%)
FNEL 1.17 No Change ▼ 0.00 (0%)
KEL 6.10 Decreased By ▼ -0.04 (-0.65%)
KOSM 5.61 Decreased By ▼ -0.05 (-0.88%)
LOTCHEM 24.35 Decreased By ▼ -0.47 (-1.89%)
MLCF 100.19 Decreased By ▼ -1.90 (-1.86%)
NBP 175.81 Decreased By ▼ -3.85 (-2.14%)
NCPL 51.90 Increased By ▲ 1.85 (3.7%)
NPL 53.93 Increased By ▲ 1.03 (1.95%)
OGDC 313.80 Decreased By ▼ -2.44 (-0.77%)
PACE 9.24 Increased By ▲ 0.03 (0.33%)
PAEL 33.55 Decreased By ▼ -0.47 (-1.38%)
PIBTL 13.23 Decreased By ▼ -0.19 (-1.42%)
PPL 218.10 Decreased By ▼ -3.20 (-1.45%)
PRL 85.50 Increased By ▲ 0.90 (1.06%)
PTC 47.45 Decreased By ▼ -0.93 (-1.92%)
SSGC 22.65 Decreased By ▼ -0.29 (-1.26%)
TBL 9.20 Decreased By ▼ -0.10 (-1.08%)
TELE 7.17 Increased By ▲ 0.10 (1.41%)
TPL 25.50 Decreased By ▼ -0.36 (-1.39%)
TPLP 13.15 Increased By ▲ 0.04 (0.31%)
TREET 24.55 Decreased By ▼ -0.44 (-1.76%)
TRG 53.58 Decreased By ▼ -0.45 (-0.83%)

TOKYO:* Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, ended lower for the second day on Friday, but posted the biggest weekly gain since July 2017

* The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for July delivery  finished 1.5 yen, or 0.8 percent, lower at 193.6 yen per kg, but ended the week 6.1 percent higher

* "Investors took profits as TOCOM rose too fast earlier this week and as the benchmark could not break through the key 200 yen mark," a Tokyo-based dealer said

* The world's top producers of natural rubber said on Friday they will curb exports by up to 300,000 tonnes in a bid to prop up prices

* "The agreement on export curbs by top rubber producers is positive news, but we need to wait and see if it really will work to help boost prices," the dealer said

* The most-active rubber contract on the Shanghai futures exchange for May delivery rose 120 yuan, or 1 percent, to finish at 12,515 yuan per tonne

* Rubber inventories in warehouses monitored by the Shanghai Futures Exchange rose 0.2 percent from a week earlier, the exchange said on Friday

* TOCOM's technically specified rubber (TSR) 20 futures contract for August delivery closed up 1.8 percent at 167.4 yen per kg

* The front-month rubber contract on Singapore's SICOM exchange for March delivery recently traded at 143.8 U.S. cents per kg, up 2.1 percent.

Copyright Reuters, 2019
 

Comments

Comments are closed for this article.