TOCOM rubber ends little changed in line with Shanghai

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(Dec 13): ended little changed on Wednesday, in line with Shanghai , brokers said.

Tokyo Commodity Exchange () futures, which set the tone for tyre rubber prices in , have been down in the doldrums amid worries over demand after hitting a more-than-two-month high of 211.2 yen last week following a fire at a warehouse in China.

The Tokyo Commodity Exchange for May delivery finished 0.2 yen higher at 204.2 yen (US$1.80) per kg.

The most-active rubber contract on the for May delivery fell 35 yuan to finish at 14,080 yuan (US$2,127) per tonne.

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The front-month rubber contract on ’s exchange for January delivery last traded at 141.90 US cents per kg, down 1.4 cent.

(US$1 = 113.4200 yen)
(US$1 = 6.6205 Chinese yuan)

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