Japanese Rubber Futures Trade in Tight Range
Japanese rubber futures traded in a tight range as traders weighed weather-related supply disruptions in key producing regions against lower oil prices.
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Japan rubber futures trade in tight range on firmer Thai prices, lower oil
Japanese rubber futures moved in a narrow range on Tuesday, as traders weighed firmer physical prices in top producer Thailand against a dip in oil prices. The Osaka Exchange (OSE) rubber contract for March delivery was up 2.3 yen, or 0.51%, at 454.5 yen ($2.87) per kg.
Japan rubber futures trade in tight range amid conflicting price signals
Japanese rubber futures moved in a narrow range as traders assessed firmer physical prices in Thailand against a dip in oil prices.
Japan rubber futures trade in tight range as firmer Thai prices weigh on lower oil
Japanese rubber futures moved in a narrow range on Tuesday as traders weighed firmer physical prices in top producer Thailand against a dip in oil prices. The Osaka Exchange (OSE) rubber contract for March delivery was up 1.4 yen, or 0.31%, at 453.6 yen ($2.87) per kg.
Japan rubber futures trade in tight range
Japanese rubber futures moved in a narrow range on Tuesday, as traders weighed firmer physical prices in top producer Thailand against a dip in oil prices.
Asia Morning Call: Nikkei rises 1.30%, US 10-year yield at 5.165%
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Asia markets mixed as Japanese bond yields rise to historic levels
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.