TOKYO, June 7 (Reuters) - Benchmark Tokyo rubber futures fell for a seventh straight session on Wednesday and touched a seven-month low on concerns about oversupply and a stronger yen against the dollar, which makes yen-denominated assets more expensive in other currencies, brokers said.
But Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, pared declines by the close in response to a mostly steady performance in Shanghai futures during the session.
The Tokyo Commodity Exchange rubber contract for November delivery finished 0.3 yen lower at 185.5 yen ($1.70) per kg after touching a seven-month low of 178.8 yen early in the session.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 60 yuan to finish at 12,550 yuan ($1,847) per tonne, not far from a nine-month low hit on Monday.
The front-month rubber contract on Singapore's SICOM exchange for July delivery last traded at 140 U.S. cents per kg, up 4.7 cents.
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