date:May 30, 2014
Benchmark Tokyo rubber futures fell to a near two-week low and ended down 2.1 percent on Thursday, due to a stronger yen and a 2.9 percent rise in Japanese rubber inventories. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for November delivery fell 4.2 yen to settle at 200.4 yen ($1.97) per kg. The contract fell to as low as 200.2 yen, the lowest since May 16.
Despite the rise in Shanghai futures, TOCOM cannot rise due to a strong yen/dollar, said Kaname Gokon, general