Tokyo Commodity Exchange (TOCOM) rubber futures on Monday (December 29) for the third consecutive day rise, the yen lower, but gains limited period glue by ample supplies and the world’s largest rubber buyers weak demand dragged China .
TOCOM rubber futures contract prices in June rose 0.2 yen on Monday, reported 204.3 yen / kg (0052GMT).
Shanghai Futures Exchange data released on Friday showed that the Exchange rubber inventories rose 0.8 percent last week from the previous week.
A report released Monday by a Chinese think tank shows that the predicted China’s GDP growth next year will fall to 7%, lower than the previous forecast of 7.3%, due to weaker global economy.
Asia on Monday, the dollar, the dollar against the yen rose 0.1 percent to 120.42.
Asian markets on Monday as US stocks higher, with the Nikkei 225 index rose 0.4 percent.
As of December 29 at 10:00 am, Tokyo rubber reported 205.0 yen / kg, up 0.44 percent.
Translated by Google Translator from http://news.cria.org.cn/4/25118.html
