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Monday, December 5, 2022

Japanese rubber falls

SINGAPORE: Japanese rubber futures fell on Wednesday, tracking Shanghai market losses, amid demand worries as the zero-COVID policies in top consumer China look set to continue.

Osaka Exchange’s rubber contract for April delivery finished 3.7 yen, or 1.7%, lower at 219.3 yen ($1.48) per kg.

The rubber contract on the Shanghai futures exchange for January delivery fell 130 yuan to finish at 12,185 yuan ($1,678) per tonne. Japan’s benchmark Nikkei share average closed up 0.67%.

Japanese rubber falls

Source: Brecorder

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