Tokyo Commodity Exchange (TOCOM) rubber futures on Friday (December 19) rose as Japanese stocks up, its price is expected to be recorded this week, the first weekly gain in five weeks, but trading was light, due to the transaction Suppliers await Bank of Japan (BOJ) meeting results.
TOCOM rubber futures contract prices in May rose 0.5 yen on Friday, reported 203.9 yen / kg (0049GMT), the price of the previous day up 1.1 yen, due to weakening of the yen.
The market expected the Bank of Japan will continue to maintain an accommodative monetary policy at a meeting held on Friday, and the possibility of increased confidence in the economic outlook in Japan.
China November housing prices falling again, this is further evidence that China’s real estate market is still relatively weak.
The Nikkei 225 index rose nearly 2 percent on Friday.
USDJPY Daily about 118.91 yen Friday.
As of December 19 morning Beijing time 10:31, Tokyo rubber reported 203.2 yen / kg, down 0.10 percent.
Translated by Google Translator from http://news.cria.org.cn/4/25004.html
