Rubber gains on oil rally

Note: This section contains information in English only.
Source: Bloomberg
Rubber futures for March settlement were higher by 0.6% to 333.6 Yen per kilogram or $3.585 a metric tone during Asian trading session on Wednesday. Rubber has increased 9.8% this year. Rubber futures gain for a second session as surge in oil prices raised appeal for the alternative commodity, which could be used to make tires.
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Wed, 13 Feb 2013 11:49:03 GMT

Copper price increases on speculation that usage will increase

Copper futures with settlement in three months were higher by 0.2% to $8,250.75 a metric tone on London Metal Exchange on Tuesday trading session. Commodity investors speculate on signs that recovery in the U.S. and China will boost demand for copper and adsorb current oversupply. Stockpiles of copper were in the highest level since May 2011.

Wed, 13 Feb 2013 11:27:04 GMT

Wheat trades close to a seven month low on rainy forecast

Wheat futures for March settlement were little changed and traded at $7.31 per one bushel during Singapore trading session on Wednesday. Yesterday the price slipped to $7.255 level, which is the lowest since June 26, 2012. Market speculates that rain in growing areas will help to crop harvest as the biggest shipper recovers from the worst drought in 80 years.

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