The hottest Japanese rubber TOCOM rubber futures m

2022-07-31
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[Nippon rubber] TOCOM rubber futures mostly closed lower in midday trading due to demand worries. According to Tokyo's February 19 interest rate this year, TOCOM rubber futures mostly closed lower in midday trading on Thursday. As the market continues to pay attention to the negative demand fundamentals, there was bad news in the global automotive industry this week. The slowdown in automobile sales may affect the demand for tires

traders said that the weakness of crude oil price in the most professional technology of Jinan new era Gold Testing Instrument Co., Ltd. has also become a negative factor in the rubber market. At present, the rubber price may fall further according to the research of prospective industry research institute. TOCOM futures are expected to be traded within the yen range in the next few days

RSS3 rubber contract in benchmark July closed down 1.2 yen to 135.1 yen per kilogram in midday trading

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