Asian Rubber Futures End Mostly Weaker

Asian rubber futures end mostly lower Wednesday on investors' concernes about sluggish demand in top buyer China.

Tokyo rubber futures contract prices underperformed as the Japanese yen strengthened against the U.S. dollar, putting pressure on the yen-denominated commodity.

The Shanghai rubber futures contract remained under pressure, mirroring downward moves in other commodities on the Chinese market.

Still, the most-active rubber contract on the Shanghai futures exchange for September delivery rose slightly by 50 yuan to finish at 11,895 yuan($1,828) a metric ton.

Asian Rubber Futures      May 11                   Change from previous close 

Tocom Oct RSS3            Y181.1/Kg                          Down Y0.5 

Shanghai Sep SCR5        CNY11,895/ton                   Up CNY50 

Thai Sep RSS3                THB60.15/Kg                       Unchanged Sicom 

Oct RSS3                        167.0 US cents/Kg              Down 2.0 US cents/Kg 

Sicom Oct TSR20            143.9 US cents/Kg              Down 0.1 US cents/Kg 

Asian Physical Rubber 

Grade       Shipment        May 11      May 10 

RSS3          Jun/Jul        182-173     183-175 

STR20        Jun/Jul        147-148     147-148 

SIR20         Jun/Jul        146-147      146-147 

SMR20        Jun/Jul        145-146      145-146 

SVR3L         Jun/Jul        170-171      170-171 

USS    Jun    Unchanged       THB60.06-THB60.59/Kg