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TOCOM rubber futures hovering July 30

31/07/2014 By adminweb

Tokyo Commodity Exchange (TOCOM) rubber (15895, -65.00, -0.41%) futures prices early on Wednesday (July 30) located near the disk hovering nearly a month, due to the Japanese stock market up and the yen continued to decline, a period of glue price support.
TOCOM rubber futures contract prices in January fell 0.3 yen Wednesday, at 212.5 yen / kg (0027GMT).
TOCOM rubber futures prices rose 7.0 yen on Tuesday, once rose to an intraday high of 213.5 yen / kg, the highest position since July 4, its price rose 6.3 yen the previous day.
Japanese government data released today showed that Japan’s June industrial output fell 3.3%, due to increased commodity stocks, Japanese companies reduce output, but the market is expected manufacturing output will increase in the coming months.
Toyota Motor Thailand Branch said Tuesday it considers Thailand 2014 car sales will fall by 31%, due to the country’s domestic political turmoil for months, but the country’s domestic car sales in 2015 are expected to increase, because the domestic economy and needs improvement.
U.S. July employment growth continues, it will also promote the country’s economic growth, the country’s non-farm payrolls increased by 233,000 this month might.
Sanya City in the early weeks, USDJPY traded at 102.10, which is also the U.S. dollar against the yen rose to more than three weeks for the first time since 102 yen or more.
The Nikkei 225 index rose 0.2 percent on Wednesday, boosted by the weak yen to buy Japanese stocks atmosphere.
U.S. crude oil futures prices recovered in early trade on Wednesday some of its gains the previous session, rose to $ 101 / barrel above the U.S. gasoline inventories fell faster than market expectations.
As of July 30 morning Beijing time 10:09 min, Tokyo Rubber reported 209.9 yen / kg, down 0.47 percent.

Filed Under: Global rubber market news, News

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