Natural rubber futures on the Tokyo Commodity Exchange fell 3.3% Wednesday on fresh selling pressure amid weak crude oil and concerns that liquidity may shrink after implementation of new U.S. restrictions on banks' participation in proprietary trading.
The new benchmark July contract traded Y9.6 lower at Y276.6 a kilogram.
Many investors are just liquidating long contracts instead of rolling them over to July from June, said an executive at a Tokyo-based commodities brokerage.
(Source: irco.biz)
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