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@ TOCOM rubber rises on firm oil, Shanghai futures (27/06/2560)

27 Jun 2017
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TOKYO ( 26): Benchmark Tokyo rubber futures gained 0.4% on Monday, as firm  prices and a rise in Shanghai futures provided support.

Tokyo Commodity Exchange () futures, which set the tone for   in Southeast Asia, edged up as oil prices rose 1 percent on a weaker dollar, but worries over sluggish rubber demand remained, dealers said.

The Tokyo Commodity Exchange rubber contract for November delivery finished 0.8 yen higher at 190.1 yen (US$1.71) per kg after touching 195.2 yen earlier, the highest since June 20.

The front-month contract for June delivery expired on Monday.

The most active rubber contract on the Shanghai futures exchange for September delivery rose 155 yuan to finish at 12,730 yuan (US$1,860) per tonne.

’s SICOM exchange was closed on account of a public holiday.

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