Rubber lower

19 Sep, 2014

Benchmark Tokyo rubber futures ended 0.4 percent lower on Thursday, reversing gains earlier in the day, after weak Chinese data rekindled worries over global rubber demand, brokers said. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for February delivery fell 0.7 yen to settle at 192.2 yen ($1.77) per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery fell 255 yuan to finish at 13,325 yuan ($2,170) per tonne. The front-month rubber contract on Singapore's SICOM exchange for October delivery last traded at 152.50 US cents per kg, down 2.7 cents.

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