Japan rubber futures slip as profit-taking offsets China tyre production halts
Osaka rubber March contract fell 0.2% to 444.1 yen/kg; SHFE January rubber dropped 2.29% to 19,010 yuan/ton on Tuesday.
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Osaka rubber March contract fell 0.2% to 444.1 yen/kg; SHFE January rubber dropped 2.29% to 19,010 yuan/ton on Tuesday.
Osaka Exchange March rubber fell 0.92% to 440.9 yen per kg, while Shanghai January rubber dropped 2.39% and butadiene rubber lost 0.74%.
By Emily Ou YongJapanese rubber futures fell on Tuesday, weighed down by profit-taking after last week's rally and falling tyre demand, as Chinese manufacturers halted production for scheduled inspections and the upcoming holidays.($1 = 157.4400 yen)($1 = 6.7077 Chinese yuan)