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Markets

TOCOM falls on weak Shanghai futures

BEIJING:* Tokyo Commodity Exchange (TOCOM) futures fell on Monday, tracking weak Shanghai futures
  • The benchmark TOC
Published July 22, 2019

BEIJING:* Tokyo Commodity Exchange (TOCOM) futures fell on Monday, tracking weak Shanghai futures

* The benchmark TOCOM rubber contract for December delivery

finished 0.6 yen ($0.0056) lower at 184.5 yen per kg

* The most-active rubber contract on the Shanghai futures exchange for September delivery fell 30 yuan ($4.36) to finish at 10,715 yuan per tonne

* The U.S. dollar was quoted around 107.85 yen, compared with around 107.7 yen on Friday afternoon

* Oil prices rose more than 2% on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf

* Japan's benchmark Nikkei stock average was down 0.23%

* TOCOM's technically specified rubber (TSR) 20 futures contract for January delivery remained unchanged at 153.1 yen per kg

* The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 143.2 U.S. cents per kg, up 0.9%

Copyright Reuters, 2019

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