BEIJING:* Tokyo Commodity Exchange (TOCOM) futures slid on Tuesday on weakness in Shanghai futures, as weak fundamentals and a new rubber contract weigh on prices
* The benchmark TOCOM rubber contract for December delivery
finished 4.7 yen ($0.0432) lower at 176.3 yen per kg
* The most-active rubber contract on the Shanghai Futures Exchange for September delivery fell more than 4.6% to finish at 10,635 yuan ($1,545.94) per tonne
* "The confirmation last Friday about the launch of TSR20 futures pressured premiums of far month contracts," said Zhao Wenting, an analyst with Dongwu Futures
* "Fundamentals are also weak. Supplies will increase more quickly after July while demand from downstream in July and August will traditionally be quite flat," Zhao said
* China will start trading TSR20 rubber futures from August 12, Securities Regulatory Commission said last Friday
* The U.S. dollar was quoted around 108.88 yen, compared with around 108.71 yen on Monday afternoon
* Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.-China trade war is dragging on the global economy, although the potential for conflicts in the Middle East offered support
* Japan's benchmark Nikkei stock average was up 0.14%
* TOCOM's technically specified rubber (TSR) 20 futures contract for January delivery closed down 3.4 yen at 150.6 yen per kg
* The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 139.6 U.S. cents per kg, down 2.5%
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