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The hottest TOCOM rubber futures closed higher in

2022-10-24

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TOCOM rubber futures closed higher in midday trading, supported by the rise in crude oil

according to Tokyo on July 11, TOCOM rubber futures closed higher in midday trading on Friday, but off the high point

traders said that the rebound in crude oil encouraged investors to buy, and the bullish spot market price also provided further support

traders added that if there is no new news, the market is expected to encounter resistance at 345 yen in the near future, as the weather conditions in major rubber producing countries improve and supply increases

the benchmark RSS3 rose 6.4 yen to 342.2 yen per kilogram in the early afternoon of World War II

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