(Bloomberg) -- Rubber futures in Tokyo rose to the
highest in a week as daily output in Thailand, the world's
largest exporter of the commodity, is about half of the usual
level at this time of year because of rains.
``The volume of raw-material supply is about 130 tons a day
on average in the past 20 days, compared with 250 tons a day on
average for previous years,'' said Jun Nishimuta, an analyst at
Kanetsu Asset Management Co. Output was not growing as fast as
it should after the end of the low-production season, he said.
Read more at Bloomberg Commodities News
highest in a week as daily output in Thailand, the world's
largest exporter of the commodity, is about half of the usual
level at this time of year because of rains.
``The volume of raw-material supply is about 130 tons a day
on average in the past 20 days, compared with 250 tons a day on
average for previous years,'' said Jun Nishimuta, an analyst at
Kanetsu Asset Management Co. Output was not growing as fast as
it should after the end of the low-production season, he said.
Read more at Bloomberg Commodities News
No comments:
Post a Comment