Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’

Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’   3 April 2014, 09:25 SEAST   Tocom RSS3 rubber futures fall ahead of the spot month’s expiry Tuesday although prices are still in the backwardation pattern amid the low-production season.   Traders say high stockpiles in China and Japan weigh, putting downside pressure on prices. Meanwhile, IRCo chief executive, Yium Tavarolit, says in […]

Asian Rubber Settles Lower; Producers Hold Back But Majors Buy

Asian Rubber Settles Lower; Producers Hold Back But Majors Buy   17 March 2014, 18:08 SEAST   Asian rubber settled mostly lower Monday after high stockpiles in China and Japan led to negative sentiment.   Benchmark August natural rubber on the Tokyo Commodity Exchange settled 2.5% lower at Y234.3 a kilogram. An excessively dry wintering season this year is […]

Tocom Rubber Lower; 2014 Production To Fall By 6%-8%

Tocom Rubber Lower; 2014 Production To Fall By 6%-8%   17 March 2014, 13:58 SEAST   Tocom rubber futures settle 2.5% lower due to negative sentiment on high stockpiles, even though an excessively dry wintering season this year is hitting production in Thailand, Indonesia and Malaysia, which may decline by 6%-8% this year, says IRCo […]

Tocom Rubber Reverses Early Losses; May Move In Range

Tocom Rubber Reverses Early Losses; May Move In Range   12 March 2014, 08:50 SEAST   Tocom RSS3 rubber futures are reversing early losses as Shanghai rubber has opened to trade in the positive zone.   IRCo chief executive Yium Tavarolit says in his weekly report that rubber prices are likely to fluctuate in range.   “On the production […]

Tocom Rubber Higher; El Nino Supports

Tocom Rubber Higher; El Nino Supports   5 March 2014, 08:51 SEAST   Tocom rubber futures are higher amid the low-production season, and as talk mounts about a possible El Nino this year that is associated with unusually dry weather conditions in Asia.   “That means the rubber market fundamentals will influence the currently weak market […]