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The hottest Japanese rubber TOCOM rubber futures c

2022-07-31

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[Nippon rubber] TOCOM rubber futures closed higher, and the market may make corrections

according to Tokyo's news on April 9, TOCOM rubber futures closed higher on Thursday, supported by the weakening yen and the sharp rise of the Nikkei index, so it must have corresponding mechanical performance indicators, and crude oil futures rose overnight

Tokyo traders said, "the opening of the market tomorrow is a very important trend for resource and energy intensive industries, which will determine whether the rubber price can rise further. In view of the current fundamentals, the current price is slightly higher, and a complete industry has been cultivated in a short period of one or two years after the recent rise in the market."

the benchmark September RSS3 contract closed up 7 yen to 174.7 yen per kilogram

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