Rubber futures across Asia ended mostly down Tuesday as broad-based weakness in other commodities in Asia weighed on the market.
Crude-oil prices headed south on the prospect of more supply from Nigeria and Libya returning online, which would slow down the pace of a rebalance in a well-supplied market.
Japan's Nikkei Stock Average fell 0.7%, Australia's S&P/ASX 200 dropped 1% and South Korea's Kospi declined 0.3%. Hong Kong's Hang Seng Index ended down 1.5%.
Asian Rubber Futures Jul 05 Change from previous close
Tocom Dec RSS3 Y159.8/Kg Down Y1.7Kg
Shanghai Sep SCR5 CNY11,885/Ton Unchanged
Thai Sep RSS3 THB54.55/Kg Up THB1.15
Sicom Dec RSS3 US 152.0 cents/Kg Down US 4 cents/Kg
Sicom Dec TSR20 US 131.4 cents/Kg Down US 2.6 cents/Kg
Asian Physical Rubber Grade Shipment Jul 05 Jul 04
RSS3 Aug/Sep 161-155 168-157
STR20 Aug/Sep 133-134 134-135
SIR20 Aug/Sep 133-132 133-133
SMR20 Aug/Sep 133-132 133-133
SVR3L Aug/Sep 144-145 144-145
USS Jul THB53.89-THB54.39/Kg THB54.47-THB55.51/Kg