Rubber falls

Updated 15 Jul, 2020

TOKYO: Tokyo Commodity Exchange (TOCOM) rubber futures fell on Tuesday on concerns that growing US-China tensions and new restrictions amid surging coronavirus cases in many parts of the world could stall a global economic recovery.

TOCOM's rubber contract for December delivery finished 0.5 yen lower at 156.3 yen ($1.46) per kg.

The most-active rubber contract on the Shanghai futures exchange for September delivery fell 10 yuan to finish at 10,600 yuan ($1,511) per tonne.

The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 116.9 US cents per kg, down 0.5%.

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