Tokyo Commodity Exchange (TOCOM) rubber (13,905, -120.00, -0.86%) futures on Wednesday (July 9) in early trade fell 202 yen / kg, Japanese stocks fell due to oil price shocks and downward pressure on global rubber market buying atmosphere.
TOCOM rubber futures contract prices in December fell 1.9 yen Wednesday, at 202.1 yen / kg (0048GMT), while its price rose 0.8 yen on Tuesday.
Indonesian presidential elections began on Wednesday, it will be several decades have authoritarian showdown between the government and democracy.
Indian National Rubber Association said on Tuesday, despite India’s domestic rubber production growth, but the country’s natural rubber imports in June increased significantly by 41.5% year on year, due to falling prices of rubber tire manufacturer to boost overseas buying atmosphere.
Sanya City in the early weeks, USDJPY traded at 101.53, as U.S. Treasury yields fell to limit its growth in demand, the dollar slipped to near one-week low.
Wednesday’s session, the Nikkei 225 index fell 0.5 percent, due to sell-off in U.S. stocks Tuesday.
Brent crude oil futures fell on Tuesday, the seventh consecutive day, losing more than $ 1 / barrel, fell to $ 109 / barrel below, since one-month low, Yinpolaiya optimistic and markets crude oil exports crude oil exports to Iraq restricted worries eased.
As at Beijing at 10:11 on July 9, Tokyo Rubber reported 202.2 yen / kg, down 0.88 percent.
Translated by Google Translator from http://news.cria.org.cn/4/21880.html