Rubber down

22 Feb, 2017

Benchmark Tokyo rubber futures ended down 1 percent at a one-month low on Tuesday, losing for a fifth straight session, pressured by a fall in Shanghai futures, dealers said. The Tokyo Commodity Exchange rubber contract for July delivery finished 3 yen lower at 292 yen ($2.57) per kg, the lowest settlement since January 23. The most-active rubber contract on the Shanghai Futures Exchange for May delivery fell 110 yuan to finish at 20,090 yuan ($2,918) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for March delivery last traded at 215.7 US cents per kg, down 1.3 cent.

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