Tokyo Commodity Exchange (TOCOM) index fell 1 percent on Tuesday on the rubber, because of the rubber prices jumped 2.5 percent yesterday after the weaker oil prices prompted some profit selling pressure came out.
TOCOM rubber prices Monday as strong support, near six-month high reached in early January.
July period glue (JRUc6) (0 # 2JRU 🙂 fell 2.1 yen reported 212.4 yen per kilogram. The benchmark contract at 214.8 yen hit on Monday evening drive, tying Day Trading touched nearly five-week high of the day.
Brent crude fell below $ 58 a barrel on Tuesday, before the Chinese data showed the country’s inflation rate in January fell to five-year low, triggering the country’s demand for crude oil concerns.
“Due to rising oil prices and the yen, the market encountered some resistance,” one broker said in Tokyo. “With the rise in rubber prices, stock market of Thailand has increased steadily, reaching about 1,000 tons per day, far higher than the previous day about 80-200 tons.”
On Wednesday the Japanese market every holiday.
Dollar-yen (JPY =) reported that around 118.66, slightly lower than Monday midday about 118.77.
Shanghai Futures Exchange in May of the main rubber (SNRcv1) fell 120 yuan, to close at 13,560 yuan per ton.
Singapore Commodity Exchange (SICOM) in recent months, in March of glue (STFc1) Latest News 139.69 cents per kg, down 1 cent.
Translated by Google Translator from http://news.cria.org.cn/4/25713.html
