Benchmark Tokyo rubber futures rose on Tuesday, helped by gains in the Shanghai market, but ended the quarter with a near 13 percent loss, hurt by worries about demand in top consumer China. However, sentiment was hit on Tuesday as the dollar hovered near a six-year high against the yen.
The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for March delivery rose 0.8 yen to settle at 183.5 yen ($1.68) per kg, ending the month with a 7.5 percent loss, the sharpest fall since April. The most-active rubber contract on the Shanghai futures exchange for January delivery rose 120 yuan to finish at 12,220 yuan ($1,989) per tonne.
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