Tokyo rubber futures fall 3pc


Tokyo rubber futures have again fallen, now, more than 3% due to the falling demand in China, the biggest consumer in the world of the commodity used to manufacture tyres, rubber.



September trade data of China has shown an outpouring exports twice the rate that was expected and a return and import progress, are not yet adequate to confirm that the rubber industry will recover, said the Commerce Ministry today.



The TOCOM exchange rubber contract in March traded at 258.3 yen per kg which fell to 7.1 yen or 2.6%. (RJA)