Japanese Rubber Futures Ease on Supply Outlook and Weak Demand
Japanese rubber futures eased as expectations of looser supply from Thailand and persistently weak tyre demand in China weighed on prices; higher oil prices limited losses.
Japanese rubber futures fell on Wednesday as traders anticipated a loosening of raw material supply in Thailand, the top producer, with the peak production season progressing. Persistently weak tyre demand in China, the top consumer, also weighed on prices. Higher oil prices curbed the losses. ($1 = 1