Rubber depreciates on increasing Yen and weak data from China

Note: This section contains information in English only.
Source: Bloomberg
Rubber futures for October settlement were lower by 1.7% to 259.2 Yen per kilogram on the Tokyo Commodity Exchange in the morning on Wednesday. Commodity futures lost 14% this year. The commodity slides as the Japanese Yen strengthened and China announced weaker than expected manufacturing industry data. Also, crude rubber stockpiles in Japan increased by 2% and reached 15,976 tons on 20th of April.

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