Tokyo Commodity Exchange (TOCOM) futures traded not far from a two-year low, following the Bank of Japan’s closely watched quarterly “tankan” survey of Japanese big manufacturers’ business confidence, which worsened in June from three months ago, market sources said.
The Tokyo Commodity Exchange rubber contract for December delivery finished 2.5 yen lower at 173.8 yen (US$1.57) per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery fell 90 yuan to finish at 10,445 yuan per tonne.
The new front-month rubber contract on Singapore’s SICOM exchange for August delivery last traded at 132.60 US cents per kg, down 0.8 cent.
(US$1 = 110.7400 yen)
