Tokyo rubber rises

16 Apr, 2014

Benchmark Tokyo rubber futures ended up 0.7 percent on Tuesday as the market got support from higher Japanese equities and a weaker yen, but volumes were small due to a holiday in Thailand, brokers said. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for September delivery rose 1.5 yen to settle at a three-session high of 215.5 yen ($2.12) per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 50 yuan to finish at 15,040 yuan ($2,400) per tonne. The front-month rubber contract on Singapore's SICOM exchange for May delivery last traded at 179.20 US cents per kg, down 0.2 cent.

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