* The September contract on the Tokyo Commodity Exchange <0#JRU:> rose as high as 329.2 yen, the highest for any benchmark since Aug. 1, 2008 before ending at 323.8 yen, down 2.8 from the previous settlement.
* Dealers pegged the upside target around 331 yen -- the intraday high seen 20 months ago. The most active contract was well above the closely-watched 14, 50 and 100-day moving averages.
* In the physical market, Thai, Indonesian and Malaysian rubber grades have been traded at record prices well above $3 a kg as tyre makers scramble to buy the commodity because of tight supplies. [ID:nSGE63508Q]
RSS3 changed hands around $3.50 a kg late last week, SIR20 was sold late on Monday at 1.50 to 1.51 U.S. cents per pound, while SMR20 was traded at between $3.365 and $3.405 a kg for nearby shipment, they said.
* The yen struck back on Tuesday after falling to a seven-month low of 94.78 yen per dollar on Monday JPY=, recovering to 94.00 yen. [USD/]
* U.S. crude for May delivery CLc1 slid 6 cents to $86.56 by 0639 GMT, off Monday's peak of $86.90 a barrel, the highest intraday figure struck since October 2008. ICE Brent LCOc1 declined 11 cents to $85.77 on Tuesday in London. [O/R]
* Natural rubber and crude oil, a base product to make synthetic rubber, normally rise and fall in tandem.
(Reporting by Lewa Pardomuan and Chikako Mogi; Editing by Ed
Lane)
(in.reuters.com)
Posts
0 nhận xét