Asian rubber futures end mostly lower Wednesday on investors' concernes about sluggish demand in top buyer China.
Tokyo rubber futures contract prices underperformed as the Japanese yen strengthened against the U.S. dollar, putting pressure on the yen-denominated commodity.
The Shanghai rubber futures contract remained under pressure, mirroring downward moves in other commodities on the Chinese market.
Still, the most-active rubber contract on the Shanghai futures exchange for September delivery rose slightly by 50 yuan to finish at 11,895 yuan($1,828) a metric ton.
Asian Rubber Futures May 11 Change from previous close
Tocom Oct RSS3 Y181.1/Kg Down Y0.5
Shanghai Sep SCR5 CNY11,895/ton Up CNY50
Thai Sep RSS3 THB60.15/Kg Unchanged Sicom
Oct RSS3 167.0 US cents/Kg Down 2.0 US cents/Kg
Sicom Oct TSR20 143.9 US cents/Kg Down 0.1 US cents/Kg
Asian Physical Rubber
Grade Shipment May 11 May 10
RSS3 Jun/Jul 182-173 183-175
STR20 Jun/Jul 147-148 147-148
SIR20 Jun/Jul 146-147 146-147
SMR20 Jun/Jul 145-146 145-146
SVR3L Jun/Jul 170-171 170-171
USS Jun Unchanged THB60.06-THB60.59/Kg
