Benchmark Tokyo rubber futures fell to a fresh seven-week low on Thursday as the yen's rise and weaker oil prices unnerved investors who were already concerned about prolonged oversupply in Asia, dealers said. The Tokyo Commodity Exchange rubber contract for May delivery dropped 3.6 yen, or 1.8 percent, to settle at 191.0 yen ($2) per kg. It earlier fell to as low as 188.0 yen, the lowest since October 20. The most-active rubber contract on the Shanghai futures exchange for May delivery fell 50 yuan to finish at 11,910 yuan ($1,928) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 141.60 US cents per kg, down 1.9 cent.
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