[26 Jan] TOCOM January Rubber Expires with 204 Lots Delivered

The January rubber futures contract on the Tokyo Commodity Exchange expired on Monday at 276.5 yen per kg, down 2.9 yen on the day, with 204 lots or 1,020 tonnes of deliveries, the largest delivery volume since July 2009.

The July 2009 contract expired with 460 lots of deliveries, which was the highest delivery amount since January 2007 when 516 lots were delivered.

Last month, the December contract expired at 262.90 yen, with 190 lots of deliveries.

In May, TOCOM introduced a new trading system and stopped providing the names of firms involved in deliveries. It now only discloses the total lots delivered and the price at which deliveries were made.

(Source: irco.biz)