Rubber slides

14 Jul, 2017

Benchmark Tokyo rubber futures fell on Thursday from a one-week high and key 200-yen mark scaled in the previous session, as investors locked in profits after the yen rose against the dollar following the US Federal Reserve Chair Janet Yellen's remark. The Tokyo Commodity Exchange (TOCOM) rubber contract for December delivery finished 1.9 yen lower at 199.9 yen ($1.8) per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 45 yuan to finish at 13,245 yuan ($1,953) per tonne. The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 147.8 US cents per kg, down 0.6 cent.

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