Tokyo Commodity Exchange (TOCOM) rubber (14065, 65.00, 0.46%) futures prices on Tuesday (July 22) lower, due to weak Chinese demand for rubber, rubber prices on the Shanghai Futures Exchange fell yesterday, dragged Tokyo rubber down.
TOCOM rubber futures contract prices in December fell 0.7 yen on Tuesday, at 201.5 yen / kg (0032GMT). TOCOM rubber futures contract prices in early morning trading after hitting the lowest level since last Thursday, at 201.1 yen / kg.
TOCOM Monday due to a national holiday holiday.
China’s internal policy-makers worry the Chinese government’s ambitious reform agenda will be focused on the stimulus measures taken to achieve the objectives of economic growth weakened.
The Chinese government announced last November, nearly 30 years since the most comprehensive reform plan, but since the first half of 2014, China’s economic growth rate dropped significantly, Chinese policy makers also made a series of reform measures to gradually adjust.
Shanghai Futures Exchange said on Friday that the exchange inventories rose 0.7 percent last week, the rubber from the previous week.
U.S. stocks fell on Monday, as tensions in Ukraine, investors cautious.
On Monday, the U.S. dollar against the yen 101.36 yen basic regulation, as U.S. Treasury yields hovering near the lowest level in more than seven weeks since.
Crude oil prices rose on Monday, as the situation remained tense in Ukraine, Russia and the West confrontation upgrade, but the U.S. August crude oil futures contract prices.
The Nikkei 225 index on Tuesday in early Asian market rose 0.57%.
As of July 22 morning Beijing time 10:05 min, Tokyo Rubber reported 201.8 yen / kg, down 0.20 percent.
Translated by Google Translator from http://news.cria.org.cn/4/22148.html
