Tokyo Commodity Exchange (TOCOM) rubber futures on Friday (June 13) fell in early trade, but then rebounded since many years, because the world’s biggest rubber buyer, Chinese economic data was better than expected, while the rubber futures prices Zhou is expected to record the first weekly gain in three weeks since.
TOCOM rubber futures November contract price fell 1.8 yen on Friday, at 197.2 yen / kg (0010GMT), but the contract is expected to rise 2.2 percent this week.
TOCOM rubber futures contract prices fell 0.9 yen on Thursday.
Bank of Japan (BOJ) on Friday said it will maintain a more stable monetary policy, due to the country’s foreign investment growth was better than expected.
Data released on Thursday, the Bank of China in May to increase new lending, because the government is to promote economic growth, to take stimulus measures.
Asian city early Friday, USDJPY traded at 101.78.
The Nikkei 225 index fell 0.7 percent on Friday amid fears of war in Iraq and U.S. retail sales index and increase the employment rate is less than expected, weighed on market sentiment.
Crude oil prices rose to highs Thursday 9 months since the Iraqi market due to crude oil supply worries increased.
As of June 13 morning Beijing time 10:51, Tokyo Rubber reported 198.4 yen / kg, down 0.3%.
Translated by Google Translator from http://news.cria.org.cn/4/21316.html
