Tokyo rubber slides on May 15
2019-5-15 21:54:49Editor：AmandaFont Size：Big Medium Small
Tokyo Commodity Exchange (TOCOM) futures slid on Tuesday, along with Shanghai futures, amid growing concerns that demand for commodities would suffer from an escalation of Sino-US tariff war. The benchmark TOCOM rubber contract for October delivery finished lower 1.4 yen, or 0.7 percent, at 185.9 yen ($1.7) per kg. The most-active rubber contract on the Shanghai futures exchange for September delivery fell 270 yuan to finish at 11,540 yuan ($1,676) per tonne.
TOCOM's technically specified rubber (TSR) 20 futures contract for November delivery closed down 1.4 percent at 160.0 yen per kg. The front-month rubber contract on Singapore's SICOM exchange for June delivery last traded at 148.0 US cents per kg, down 1.0 percent.
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