TOCOM lists Technically Specified Rubber futures on Sept.5
2018-9-5 20:16:21Editor：AmandaFont Size：Big Medium Small
The Tokyo Commodity Exchange, Inc. (TOCOM) has announced that it has scheduled the listing of Technically Specified Rubber (TSR) futures contracts for October 9, 2018, pending regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry.
TSR is a class of natural rubber and, along with Ribbed Smoked Sheet (RSS), are key components in automobile tire production. In recent years, TSR has exceeded RSS in both production and consumption. RSS has traded at TOCOM for many decades.
Adding TOCOM TSR futures to trade alongside RSS is a response to changing market demand. The Exchange continually looks to improve its Rubber market and expand its presence around the world.
Reuters
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