BEIJING: Japanese rubber futures rallied on Monday, tracking a strong Shanghai market on hopes of higher demand after the holiday season.
The Osaka Exchange rubber contract for June delivery was up 4.7 yen, or 2.1%, at 231.6 yen ($2.25) per kg as of 0208 GMT.
The rubber contract on the Shanghai futures exchange for May delivery was up 365 yuan at 14,165 yuan ($2,178.86) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 154.2 US cents per kg, up 3.1%.
Comments
Comments are closed.