Business Recorder - Markets - Commodities https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 13:16:19 +0500 Thu, 13 Aug 2026 13:16:19 +0500 60 Key TOCOM contract flat, holds above support https://www.brecorder.com/news/8280/key-tocom-contract-flat-holds-above-support <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/mar/rubber-tokyo.jpg" width="400" height="261" />BANGKOK: The benchmark Tokyo rubber contract ended flat on Wednesday as profit-taking emerged after a jump early in the session, but prices were still supported by tight supply in producing countries, dealers said.</p> <p class="MsoPlainText">* The benchmark rubber contract on the Tokyo Commodity Exchange for August delivery lost just 0.3 yen to settle at 433.6 yen ($5.38) per kg. Other contracts rose by 1.5 to 5.0 yen.</p> <p class="MsoPlainText">* August jumped 3 percent to a high of 446.9 yen early on Wednesday, prompting some players to take quick profits.</p> <p class="MsoPlainText">* "TOCOM rubber should rise further after the price finished above the strong support level at 430 yen," one dealer said. Others noted that demand remained strong while supply was tight.</p> <p class="MsoPlainText">* The most active Shanghai rubber contract for May delivery rose 750 yuan to finish at 36,650 yuan ($5,580) per tonne.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> BANGKOK: The benchmark Tokyo rubber contract ended flat on Wednesday as profit-taking emerged after a jump early in the session, but prices were still supported by tight supply in producing countries, dealers said.

* The benchmark rubber contract on the Tokyo Commodity Exchange for August delivery lost just 0.3 yen to settle at 433.6 yen ($5.38) per kg. Other contracts rose by 1.5 to 5.0 yen.

* August jumped 3 percent to a high of 446.9 yen early on Wednesday, prompting some players to take quick profits.

* "TOCOM rubber should rise further after the price finished above the strong support level at 430 yen," one dealer said. Others noted that demand remained strong while supply was tight.

* The most active Shanghai rubber contract for May delivery rose 750 yuan to finish at 36,650 yuan ($5,580) per tonne.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/8280 Wed, 23 Mar 2011 09:12:16 +0500 none@none.com (Abdul Ahad)