Benchmark Tokyo rubber futures ended down on Thursday after touching a two-week high a day earlier, as the market came under pressure from weak Shanghai futures. The Tokyo Commodity Exchange rubber contract for May delivery finished 1.2 yen lower at 198.3 yen ($1.76) per kg. The most-active rubber contract on the Shanghai Futures Exchange for May delivery fell 225 yuan to finish at 13,915 yuan ($2,105) per tonne. The front-month rubber contract on Singapore's SICOM exchange for December delivery last traded unchanged at 142 US cents per kg.
Copyright Reuters, 2017
Published under arrangements with Reuters.
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Reuters, 2017
Published under arrangements with Reuters.
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Reuters, 2017