Rubber falls

09 Jun, 2017

Benchmark Tokyo rubber futures declined for an eighth straight session on Thursday, and hovered near a seven-month low hit the previous day. The Tokyo Commodity Exchange (TOCOM) rubber contract for November delivery finished down 3.9 yen at 181.6 yen ($1.65) per kg, marking the longest losing streak since mid-February.
The most-active rubber contract on the Shanghai futures exchange for September delivery fell 100 yuan to finish at 12,405 yuan ($1,825.66) per tonne. The front-month rubber contract on Singapore's SICOM exchange for July delivery last traded at 139.0 US cents per kg, down 0.5 cent.

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