Tokyo Commodity Exchange (TOCOM) rubber (15110, 435.00, 2.96%) futures rose for a second day on Wednesday, due to the weak yen and Japanese stock prices boosted market sentiment of glue.
TOCOM rubber futures contract rose 2.8 yen in August, at 228.6 yen / kg (0032GMT), which closed up 1.1 yen the previous day.
The Chinese government will announce major focus of economic reforms in 2014 targets and the annual government work conference on Wednesday (March 5) held on expectations Beijing will follow a gradual approach to reform, to avoid shocks to the economy.
Thai Foreign Minister II (March 4) said this week, only in the case of the Thai anti-government demonstrations completely ended, the country’s only national state of emergency may be declared to lift the same time, it is also said that despite the Thai capital of Bangkok in the past The calm has been restored in the past few days, but there will still be more worried about violence.
Sanya City in the early weeks, the yen / dollar rose at about 102.18 yen, due to the tense situation in Ukraine is easing.
The Nikkei 225 index rose 1.6 percent on Wednesday, due to the risk of the outbreak of war in Russia and Ukraine, the decline in U.S. stocks rose overnight.
International price of crude oil prices fell nearly 2 percent on Tuesday amid fears of Russian military intervention in Ukraine will decrease.
As at Beijing at 9:53 on March 5, Tokyo Rubber reported 230.7 yen / kg, up 2.17 percent.
Translated by Google Translator from http://market.cria.org.cn/4/19504.html
