Tocom rubber futures settle slightly lower with a weak yen limiting losses that are due to persistent weak sentiment and another day of decline in Shanghai rubber.
Traders are jittery, as any recovery in the yen could send Tocom down. “I am staying out of the futures market now,” says a trader in Thailand. Benchmark February rubber settles Y0.7 lower at Y187.9/kg, after moving in the Y186.3-Y189.8/kg range.
Source: Dow Jones
