Rubber almost enters a bull market after a slump in April

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Source: Bloomberg
© Scanpix/RS
Rubber increased on Monday after it fell into a bear territory on April 1 amid weaker Yen, which dropped to the lowest level since October 2008 versus the U.S. Dollar and as Chinese imports were boosted for restocking. Rubber for delivery in four months climbed 1.8% to 299 yen a kilogram and it has gained 22% since the lowest level recorded this year at 245.2 yen on April 18.

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Mon, 13 May 2013 12:31:04 GMT

Copper trades near one-month high

Copper was traded close ещ its highest level in a month after it completed a third weekly gain as investors bet that demand in China, the largest consumer of the commodity can be sustained. Copper for delivery in August increased as much as 0.6% to $7,417 a metric ton on the London Metal Exchange as of 10:16 a.m. Shanghai time.

Mon, 13 May 2013 09:33:04 GMT

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