Rubber futures remain firm in ‘quiet trading’
Strong physical demand, crude prices and tensions between US and Iran support prices
Tokyo – Natural rubber remained strong across major Far East exchanges despite generally moderate trading activity, Japan Exchange Group (JPX) reported 13 July.
Strong physical demand and short covering supported prices during “a largely quiet, range-bound" trading week, which ended 10 July, said JPX.
Firmer crude oil prices also provided support following the escalation of tensions between the US and Iran around the Strait of Hormuz.
In Osaka, Japan, December 2026 rubber contracts closed 2.3% higher week-on-week, “in quiet, range-bound trading.”
In Shanghai, China, meanwhile, SHFE and INE rubber futures settled up 0.6% and 1.6%, respectively.
In Singapore, SICOM’s September-2026 contract closed the week 1.5% higher “in quiet, uneventful trading.”
SICOM prices, said JPX, remained within a narrow trading range throughout the week, while market sentiment stayed relatively firm.
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