Rubber futures edge higher in subdued trading
OSE gains on weaker yen and firmer crude; Chinese markets to reopen 24 Feb
Tokyo – Natural rubber futures ended the third trading week of February in subdued trading as Chinese exchanges remained closed for the lunar new year holidays, according to a market update by Japan Exchange Group (JPX).
In Osaka, OSE’s July 2026 contract rose 2.7% week-on-week in “quiet and thin trading conditions,” said JPX 23 Feb.
According to JPX, a weaker yen against the US dollar supported light buying interest, while “firmer crude oil prices” and modest short covering also provided support.
In Singapore, SICOM’s active May 2026 contract edged 0.5% higher compared to the week before.
The exchange was open for only two trading days during the holiday week.
JPX described trading across both OSE and SICOM as “generally quiet, with modest short covering underpinning prices.”
Meanwhile, SHFE and INE contracts in China were closed throughout the week and are scheduled to resume trading on 24 Feb, following the week-long lunar new year break.
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