Asian Rubber Futures End Mixed; Prices May Hit $4 Per Kg In Q1

ERJ staff report (LMH)

Bangkok – Asian rubber settled mixed Tuesday as firm fundamentals support, but a pullback in the broader market after strong gains last week weighed on some rubber bourses, reports the International Rubber Consortium (IRCo) 8 Jan.

Benchmark June natural rubber futures on the Tokyo Commodity Exchange settled Yen 1.9 higher at Yen 305.6 a kilogram as major producing regions experience heavy rain, keeping supply tight.

Tocom rubber is vulnerable to currency moves and further gains may be limited…

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