Tokyo futures price rose on Monday as support was provided by the suspension of trade wars between the United States and China.
Tokyo Commodity Exchange (TOCOM) rubber futures contract for October rose 3.4 yen to 197.3 yen per kilogram.
Earlier in the day, the contract touched a nearly four-month high of 198.5 yen per kilogram.
Shanghai Futures Exchange main contract rubber 1809 contract rose 1.20% to 11,840 yuan per ton.
U.S. dollar was reported at 110.97 yen against the Japanese yen and about 110.92 yen on Friday afternoon.
Crude oil futures ended lower on Friday, suffering from investor profit-taking, but Brent crude recorded a weekly gain for the sixth week in a row, helped by a sharp drop in production in Venezuela, strong global demand and the United States may impose sanctions on Iran.
Japan's Nikkei rose 0.1%.
No comments:
Post a Comment