TOKYO (Aug 1): Benchmark Tokyo rubber futures ended marginally lower on Tuesday after touching two-week lows earlier in the session, in thin-volume trading amid little changes in Shanghai futures, brokers said.
Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, touched 202.3 yen, the lowest since July 19.
The Tokyo Commodity Exchange rubber contract for January delivery finished 0.4%, 0.8 yen, lower at 204.9 yen (US$1.86) per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 10 yuan to finish at 15,275 yuan (US$2,274) per tonne after two days of heavy declines.
The front-month rubber contract on Singapore’s SICOM exchange for September delivery last traded at 145.9 US cents per kg, down 0.1 US cent.
(US$1 = 110.1700 yen)
(US$1 = 6.7186 Chinese yuan)
