Japanese Rubber Futures Edge Higher on Oil Gains, Production Worries
Japanese rubber futures edged higher Thursday, supported by rising oil prices and signs that rubber production in major producing areas is falling short of expectations.
Japanese rubber futures rose slightly on Thursday, with gains supported by higher oil prices and indications that production in major rubber-producing areas is below expectations. Currency equivalents: $1 = 158.0800 yen; $1 = 6.6750 Chinese yuan.