Tokyo rubber down

11 Apr, 2013

Benchmark Tokyo rubber fell 0.1 percent on Wednesday as the yen's weakness stalled near a four-year low against the dollar and killed further upward momentum for TOCOM futures. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for September delivery fell 0.2 yen to settle at 275.7 yen ($2.78) per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 45 yuan to finish at 21,820 yuan ($3,500) per tonne. The front-month rubber contract on Singapore's SICOM exchange for May delivery last traded at 258.50 US cents per kg, up 3.5 cents.

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