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Monday, May 23, 2022

TOCOM rubber April 15 rose in early trade

Tokyo Commodity Exchange (TOCOM) rubber futures on Tuesday (April 15) in early to rise, due to weakening of the yen and the Japanese stock market upward support of rubber prices.

TOCOM rubber futures contract prices in September rose 1.0 yen at 215.0 yen / kg (0021GMT), which closed up 0.3 yen Monday.

U.S. data released Monday showed that the country in March retail sales index recorded the largest monthly increase since a year and a half, which also shows the weather from affecting the U.S. economy before coming out.

PSA Peugeot Citroen Automobile manufacturers the new boss CarlosTavares said Monday that it will maintain its current product line and focus on new technology development and thus increase profits.

Early Tuesday, the dollar against the yen since last Friday’s low of three weeks and a half to continue upward at about 101.88 yen, the yen weak.

The Nikkei 225 index rose 1 percent Tuesday, U.S. stocks rose overnight boosted market sentiment.

U.S. stocks Monday, Brent crude oil futures rose more than $ 1.50, due to the situation in Ukraine warming, in addition, U.S. crude oil prices rose slightly, due to the U.S. March retail trade figures were better than expected, showing that the country’s economy is gradually recovering.

As at Beijing at 10:07 on April 15, Tokyo rubber reported 214.7 yen / kg, up 0.33 percent.

Translated by Google Translator from http://market.cria.org.cn/4/20232.html

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