The price continues to weaken below the level of 190 in trading this morning, Monday, June 5, 2017.
The price of rubber for delivery in November 2017, the most active contract on the Tokyo Commodity Exchange (Tocom), was down 2.27 percent or 4.40 points to 189.60 yen per kilogram (kg) at 10:16 pm.
Earlier this morning, rubber prices opened down 0.52 percent or 1 point at 193.00 yen per kg position. In trading Friday, June 2, 2017, the contract price of November 2017 closed down 1.37 percent or 4.70 points to 194.00 due to increased investor anxiety following the disappointing release of economic data.
Based on the Caixin / Markit Manufacturing Purchasing Managers Index (PMI) report last week, it fell to 49.6 in May or did not expand as it was below the 50 level. China's manufacturing activity weakened in May 2017, the first decline below the 50 level in 11 months Last.
Meanwhile, today's yen exchange rate was down 0.14 percent or 0.16 points to 110.56 yen per US dollar at 10:49 pm.
Based on the Caixin / Markit Manufacturing Purchasing Managers Index (PMI) report last week, it fell to 49.6 in May or did not expand as it was below the 50 level. China's manufacturing activity weakened in May 2017, the first decline below the 50 level in 11 months Last.
Meanwhile, today's yen exchange rate was down 0.14 percent or 0.16 points to 110.56 yen per US dollar at 10:49 pm.
No comments:
Post a Comment