The hottest Japanese rubber TOCOM rubber futures m

2022-08-11
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[Nippon rubber] TOCOM rubber futures mostly closed lower in midday trading, pressured by the decline in oil prices

according to the news in Tokyo on February 23, TOCOM rubber futures mostly closed lower in midday trading on Monday, with clear transactions and weak @c startup detection. So far, only 4747 transactions have been made

traders said that crude oil futures fell, and the weak outlook for rubber demand at the time of the global economic downturn continued to encourage sellers; The overall market outlook is weak, and the TOCOM market is expected to find psychological support at 130 yen per kilogram

the benchmark July RSS3 contract closed down 1.9 yen to 132.3 yen per kilogram in midday trading. Other contracts, except the spot February contract, ended lower. The February contract closed flat at 123.6 yen on Friday

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