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TOCOM rubber futures rose on June 10, due to international oil prices up

Tokyo Commodity Exchange (TOCOM) rubber (14,130, -145.00, -1.02%) futures on Tuesday (June 10) to rise, due to a strong rise in international crude oil prices and the weakening yen boosted the purchase of rubber market sentiment.

TOCOM rubber futures contract prices in November rose 1.1 yen on Tuesday, at 194.9 yen / kg (0014GMT), which closed up 0.8 yen Monday.

Federal Reserve (FED) officials said on Monday, accompanied by a decline in the U.S. unemployment rate, positive economic data, the U.S. may raise interest rates.

Asian city early Tuesday, USDJPY traded at 102.49.

The Nikkei 225 index rose 0.1 percent on Tuesday, U.S. stocks closed at record highs on Monday.

United States Brent crude oil futures prices rose on Monday, up more than $ 1 to $ 110 / barrel, due to the Sino-US economic data indicate that the two economies gradually strengthened, boosting the market for the world’s two largest economies China and the U.S. crude oil demand is expected.

As of June 10 morning Beijing time 10:07, Tokyo Rubber reported 194.6 yen / kg, up 0.41 percent.

Translated by Google Translator from http://market.cria.org.cn/4/21213.html

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