Current Location: Home > NEWS > Financial Market > Page

Tokyo rubber falls on weak Shanghai futures on July 24

Tokyo Commodity Exchange (TOCOM) futures fell slightly on Wednesday, tracking weak Shanghai futures.

The benchmark TOCOM rubber contract for December delivery finished 0.9 yen ($0.0083) lower at 186.1 yen per kg.

The most-active rubber contract on the Shanghai Futures Exchange for September delivery fell 45 yuan ($6.54) to finish at 10,685 yuan per tonne.

TOCOM's technically specified rubber (TSR) 20 futures contract for January delivery was unchanged at 153.3 yen per kg.

The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 142.1 US cents per kg, down 0.1%.

The US dollar was quoted around 108 yen, compared with around 108.21 yen on Tuesday afternoon.

Oil prices nudged higher on rising tensions over Iran, a sharp fall in US crude stocks and positive signs on Sino-US talks, although worries about weak demand kept a cap on gains

Japan's benchmark Nikkei stock average was up 0.41%.

Business Recorder