Asian Rubber Futures Mixed on Currency, Demand

Benchmark Tokyo rubber futures reverted to gains, supported by a weaker yen and improved Japanese stocks.

The Japanese yen weakened further on Friday, down nearly 1% against the dollar to a fresh three-week low, helped by robust China growth figures.The Sicom Rubber Futures were hurt by the moves higher in the U.S. dollar, which made the U.S. dollar denominated commodity more expensive.

Asian Rubber Futures                   July 14               Change from previous close

Tocom    Dec RSS3                     Y159.2/Kg             Up Y2.3/Kg

Shanghai Sep SCR5                 CNY11,080/Ton         Up CNY 310/Ton

Thai     Sep RSS3                      THB56.30/Kg           Up THB1.35/Kg

Sicom    Dec RSS3                  US 148.9 cents/Kg     Down US 0.8 cents/Kg

Sicom    Dec TSR20                US 128.2 cents/Kg     Down US 1.6 cents/Kg

Asian Physical Rubber         Grade Shipment          Jul 15        Jul 14

RSS3                                           Aug/Sep                184-169     172-152

STR20                                         Aug/Sep                130-130     129-129

SIR20                                          Aug/Sep                129-129     129-129

SMR20                                         Aug/Sep                129-129     129-129

SVR3L                                         Aug/Sep                 144-145     144-145

USS                                              Jul                  THB55.77/Kg     THB55.77/Kg