Tokyo Commodity Exchange (TOCOM) futures fell after early gains on Wednesday, amid lingering worries over slowing global economic growth and sluggish demand in China's auto market.
The benchmark TOCOM rubber contract for March delivery finished 0.9 yen ($0.0083) lower at 162.6 yen per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery fell 80 yuan ($11.28) to finish at 11,530 yuan per tonne. China's new technically specified rubber (TSR) 20 futures contract was last down 50 yuan at 9,820 yuan per tonne.
TOCOM's TSR 20 futures contract for April delivery closed unchanged at 148.9 yen per kg.
The front-month rubber contract on Singapore's SICOM exchange for November delivery last traded at 128.8 US cents per kg, down 0.1%.
"Rubber was buoyed by Sino-US trade talks earlier. But the sluggish macro economy and poor sales of automobiles in China were still bearish on prices," said Hu Ding, researcher with China Futures.
The US dollar was quoted around 108.66 yen, compared with around 108.84 yen on Tuesday afternoon.
Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible. Japan's benchmark Nikkei stock average was up 1.2%.
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