October 19, 2013
Benchmark Tokyo rubber futures fell for a third day on Friday as economic data from China failed to support the market that was weighed down by a higher yen. Rubber futures, however, ended with a weekly gain of about 1 percent as Washington averted an historic debt default. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for March delivery dropped 1.4 yen, or 0.5 percent, to settle at 267.4 yen ($2.74) per kg, after erasing some of its earlier…
May 02, 2013
Benchmark Tokyo rubber futures fell more than 1 percent on Wednesday, hurt by a stronger yen currency ahead of closely-watched central bank meetings, and caution over US economic data due this week that weighed on prices. Aggressive selling was curbed as the Tokyo market approaches a four-day weekend from Friday, as part of the "Golden Week" holidays.
Markets in Singapore, Thailand and China were shut on Wednesday for the Labour Day holiday and will resume trade on Thursday.…
Friday, 19 October 2012: TOKYO: Tokyo rubber futures fell more than 3 percent at one point on Friday on fading optimism about demand in China, the world's biggest rubber consumer, after bearish official comments on its trade sector.
China's September trade data, which showed a surge in exports at twice the rate expected and a return to import growth, are not yet enough to confirm that a recovery is in place for the external sector, the Commerce Ministry said…