The hottest TOCOM rubber futures fell below 100 ye
2022-10-12- Detail
TOCOM rubber futures fell below 100 yen due to rising demand concerns. According to Tokyo news on December 5, TOCOM rubber futures hit a six-year low below 100 yen per kilogram on Friday, weighed down by increasing demand concerns
the TOCOM benchmark rubber contract once hit a low of 99.8 yen per kilogram in May, the lowest level since August 2002
as of 0118 GMT, the contract was reported at 100.4 yen per kilogram, down 7.9 yen, or 7.3% from the close of the previous trading day
nymex crude oil futures rose slightly on Friday, and the settlement price fell by $3.12 to 43.6 a barrel on Thursday. Although the cost of new biodegradable plastics was slightly higher by $7, it was the lowest closing price since January 2005. Previously released bad economic data suggested a deep decline in global energy demand
the chief executives of General Motors and Chrysler Group said that if the U.S. government takes the merger of the two auto companies as one of the conditions for obtaining government assistance, the two sides are willing to resume the merger negotiations of components that measure the experimental power. International Rubber consosgppl (rtium, IRCO), a leading enterprise producing key components such as sealing, wear and tolerance control functional parts suitable for various harsh working conditions, will hold a meeting in Indonesia on December 11, but many spot traders doubt whether they can take measures to support rubber prices at the meeting. The members of the alliance include Thailand, Indonesia and Malaysia
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