Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 15, 2013 12:43:28

Rubber on the Tokyo stock market weakened in three days to three months minimum



ColosseumTo the level of three-month lows continued on the third day in a weakening of the most active futures contract on the stock rubber Tokyo Commodity Exchange, and in response to the strengthening of the Japanese yen and increased exports from Malaysia, which is the third largest producer of that commodity in the world. According to the statistical office of the local rubber exports increased from Malaysia in January compared to the same period of the previous year by 21% to a total of 68,300 tons. Same time, same place rubber production increased by 3.3% to 87,960 metric tons and reserves increased 23% to a total of 188,100 metric tons. Stocks of rubber in China, which is the largest consumer of the commodity, are on a three-year highs, and also stocks in Japan surged to 28 February by 3.8% to a total of 11,363 metric tons.For further decline in prices can also speak worse car sales in China, where in February, sales of passenger cars declined year on year by 8.3% and sales of trucks by 28%. These have been the cause of three days-long decline in the price of rubber on the Tokyo Stock Exchange by 8.7% overall, of which the previous day futures delivery date in August fell by 1.1% to the closing price of 277.6 yen per kilogram (2.880 USD per metric ton), the lowest since 14.prosince 2012th

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Kaučuk na tokijské burze oslabil ve třech dnech na tříměsíční minimum

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