(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, rose for a seventh day on a decline in Japan's crude
rubber stockpiles and speculation strong demand for tires in
China and the weaker yen may help prices test the 300 yen level.
Crude rubber stockpiles held at Japanese warehouses fell to
17,998 metric tons as of May 10 from 18,101 tons at the end of
April and 18,640 tons a month earlier, according to data from the
Rubber Trade Association of Japan.
Read more at Bloomberg Commodities News
benchmark, rose for a seventh day on a decline in Japan's crude
rubber stockpiles and speculation strong demand for tires in
China and the weaker yen may help prices test the 300 yen level.
Crude rubber stockpiles held at Japanese warehouses fell to
17,998 metric tons as of May 10 from 18,101 tons at the end of
April and 18,640 tons a month earlier, according to data from the
Rubber Trade Association of Japan.
Read more at Bloomberg Commodities News
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