Asian Rubber Settles Lower; Thailand To Use Rubber Stocks Domestically
Asian Rubber Settles Lower; Thailand To Use Rubber Stocks Domestically 12 June 2014, 14:14 SEAST Benchmark November natural rubber on the Tokyo Commodity Exchange settled 0.5% lower at Y199 a kilogram, breaching the key Y200/kg level in the last half hour of trade after a day of moving in a narrow range. Market confidence was […]
Asian Rubber Futures End Up; Thailand Unlikely To Release Stocks
Asian Rubber Futures End Up; Thailand Unlikely To Release Stocks 26 May 2014, 17:52 SEAST Asian rubber futures settled higher Monday in slow trade with the upside capped because of the prospects of a large surplus this year even with the low-production season. Benchmark October natural rubber on the Tokyo Commodity Exchange settled 0.8% […]
Tocom Rubber Settles Higher; Thailand Stocks Release Unlikely
Tocom Rubber Settles Higher; Thailand Stocks Release Unlikely 26 May 2014, 13:52 SEAST Tocom rubber futures settle 0.8% higher as prices remain locked in a range because of prospects of a large surplus this year even in the low-production season. It is unlikely Thailand can sell its 200,000 tons of rubber stocks now “as the decision […]
Asian Rubber Settles Higher; Shanghai Surges On Vietnam Supply Concerns
Asian Rubber Settles Higher; Shanghai Surges On Vietnam Supply Concerns 19 May 2014, 17:53 SEAST Asian rubber settled higher on Monday as Shanghai futures surged, amid concerns about Vietnamese rubber supply, according to traders. The continuing political tension between China and its southern neighbor saw China suspending some diplomatic contacts with Vietnam over the weekend. Benchmark September natural rubber on the Shanghai Futures Exchange […]
Tocom Rubber Settles Up; Thai Farmers Move To Halt Govt Sales
Tocom Rubber Settles Up; Thai Farmers Move To Halt Govt Sales 19 May 2014, 13:50 SEAST Tocom rubber futures settle 3.3% higher with prices getting a boost from strong gains in Shanghai rubber, which sent Tocom up to breach the previous Y205/kg resistance. IRCo chief executive Yium Tavarolit says on the organization’s website Monday that Thai […]
Tocom Rubber Up; Fundamentals Still Supportive
Tocom Rubber Up; Fundamentals Still Supportive 30 April 2014, 08:57 SEAST Tocom RSS3 rubber futures are higher, catching up with gains in regional rubber futures Tuesday when Tocom was closed for a public holiday. IRCo chief executive, Yium Tavarolit in his market report this week says that rubber was oversold in the last week […]
Rubber Falls To Four-Year Low On Fears Of Oversupply, China Slowdown
Rubber Falls To Four-Year Low On Fears Of Oversupply, China Slowdown 24 April 2014, 16:14 SEAST The price of rubber has tanked to the lowest level in more than four years. The selloff accelerated in recent days as the Southeast Asian cartel that controls the majority of production takes an unusual step and refrains from cutting supply during […]
Asian Rubber Settles Lower; Trade Might Slow For Rest Of Week
Asian Rubber Settles Lower; Trade Might Slow For Rest Of Week 30 April 2014, 17:54 SEAST Asian rubber settled mostly lower Wednesday ahead of the observance of the Labor Day holiday in much of Asia on Thursday. Benchmark October rubber futures on the Tokyo Commodity Exchange settled 0.8 yen lower at Y205.5 a kilogram […]
Asian Rubber Futures Rebound; Sellers Hold Back On Low Prices
Asian Rubber Futures Rebound; Sellers Hold Back On Low Prices 24 April 2014, 17:43 SEAST Asian rubber settled higher Thursday as a technical rebound gained traction after selling pushed prices to multiyear lows earlier this week. Natural rubber futures on the Tokyo Commodity Exchange ended higher with the previous benchmark September contracted […]
Asian Rubber Settles Higher On Technical Rebound
Asian Rubber Settles Higher On Technical Rebound 22 April 2014, 17:44 SEAST Asian rubber settled mostly higher Tuesday as investors got a respite from two straight days of selling. Benchmark September natural rubber futures on the Tokyo Commodity Exchange settled Y0.2 higher at Y201.6 a kilogram–above the key Y200/kg level. There […]