Rubber futures and physical rubber markets in Asia were rangebound as the bearish market sentiment and confidence were unchanged during the week, including the fluctuation of the Japanese yen against the U.S. dollar, a continued fall in Shanghai stock exchange, and investors’ concerns about Greek debt default.
It looks like that the rubber market as a whole in the region will remain choppy in the coming week as there are no fresh cues that could give a clear direction to investors.
– IRCo
