TOCOM rubber ends slightly lower on weak Shanghai futures

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(Oct 11): Benchmark ended slightly lower on Wednesday, hovering around a 1½-week low hit in the previous session, amid sluggish Shanghai futures and a stronger yen against the dollar, brokers said.

The for March delivery finished 0.1 yen lower at 201.7 yen (US$1.80) per kg, after touching a 1½-week low of 200.4 yen on Tuesday.

The US dollar was quoted around 112.26 yen compared with around 112.67 yen on Tuesday afternoon.

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The most-active rubber contract on the for January delivery fell 105 yuan to finish at a near three-month low of 13,245 yuan (US$2,013) per tonne.

The front-month rubber contract on ’s SICOM exchange for November delivery last traded at 143.40 US cents per kg, down 0.1 cent.

(US$1 = 6.5811 Chinese yuan)
(US$1 = 112.3400 yen)

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