Tokyo Commodity Exchange (TOCOM) rubber futures on Wednesday (May 28) in early to rise, due to the Japanese stock market rose and national commodity markets boosted oil prices up buying sentiment.
TOCOM rubber futures contract prices in November rose 0.2 percent Wednesday to close at 206.3 yen / kg (0016GMT), while its price fell 2.3 yen on Tuesday.
Data released on Tuesday showed U.S. durable goods orders unexpectedly rose in April, while the country’s April consumer confidence index also rose, indicating the U.S. economy began to gradually rebound.
Thai military leaders on Tuesday formally entered the Bangkok headquarters to work, and complete control of the local situation, at the same time, the military began a large-scale search may impede its takeover of weapons.
Japanese carmaker said on Tuesday, the Thai military is impossible for Japan’s major automobile manufacturers pose a threat, because the Thai military action does not currently have any impact on the company.
Sanya City in the early weeks, the dollar was at 102.00 yen against its Tuesday close at nearly two-week high, due to bullish U.S. economic data, U.S. stocks rose to historic highs.
The Nikkei 225 index rose 0.2 percent Wednesday, helped by Wall Street Tuesday rose to historic highs.
U.S. crude oil futures prices steady on Wednesday at $ 104 / barrel on top, because Ukraine and Libya tensions.
As at Beijing at 9:59 on May 28, Tokyo rubber reported 205.8 yen / kg, down 0.15%.
Source: http://news.cria.org.cn/4/20976.html