Asian rubber prices ended Tuesday mixed with the Shanghai Futures Exchange contract breaching 19,000 yuan($2,755) a metric ton, while the Japanese contract ended the session lower.
The Tokyo benchmark contract likely came under some pressure on the stabilization of the yen and weakness in the Nikkei. Japanese stocks declined Tuesday, halting their recent ascent after this month's U.S. presidential election, as the market's focus shifted to the uncertainty over U.S. policy formation and European political stability.
Asian Rubber Futures Nov. 29 Change from previous close
Tocom May RSS3 Y239.9/Kg Down Y3.4/Kg
Shanghai May SCR5 CNY19,115/Ton Up CNY340/Ton
Sicom Dec RSS3 US 203.5 cents/Kg Down US 0.5 cents/Kg
Sicom Dec TSR20 US 174.8 cents/Kg Down US 1.8 cents/Kg
USS Nov THB65.9/Kg1-THB66.89/Kg THB65.38/Kg-THB66.56/Kg
