Wednesday, 6 April 2011

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Tokyo Futures Inch Up On Weak Yen And Strong Oil Prices

  • Wednesday, 6 April 2011
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  • Key Tokyo rubber futures inched higher on Thursday (Apr 7), drawing support from a weaker yen and strong oil prices, but the rapid pace of price increases early this week made investors cautious, capping the upside. FUNDAMENTALS The key Tokyo Commodity Exchange rubber contract for September delivery rose 1.2 percent, or 5.4 yen, to 463.3 yen as of 0029 GMT, up from Wednesday's (Apr 6)



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