Rubber futures make modest gains amid ‘fresh buying’
JPX reports “improved physical demand” which supported price increases
Tokyo – Natural rubber futures have gained modestly with all major exchanges showing ‘marginal’ increases over the trading week ended 3 July.
Fresh buying interest and short covering on the Shanghai’s INE market, together with improved physical demand, supported prices following a recent sharp decline, reported Japan Exchange Group (JPX) 6 July.
In Osaka, Japan, OSE’s November rubber contract closed 0.3% higher week-on-week, trading within a “narrow range amid rollover activity,” said JPX.
OSE’s weekly trading volume reached its “highest level of the year,” according to the weekly report.
In Shanghai, China, meanwhile both SHFE and INE rubber settled up 0.6% week-on-week.
In Singapore, SICOM's September-2026 contract closed the week 1.8% higher in “generally quiet trading.”
Here, JPX said, prices “recovered modestly” following the recent sharp sell-off while weekly trading volume fell.
During the week, said the JPX report, consumers continued to pay premiums of 10-20 cents/kg over SICOM futures for nearby deliveries, helping maintain a firm tone throughout the week.
Weekly trading volume “declined sharply” across the SHFE, INE, and SICOM, while OSE recorded a modest increase, with prices trading largely sideways in a consolidation phase.
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