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12 Jul 2016

RUBBER PRICES ON JULY 12: Extending Strength Ignores Yen

RUBBER PRICES ON JULY 12: Extending Strength Ignores Yen


Rubber price rose by 0.60% or 0.90 points to 151.20 yen per kilogram (kg) at 7:09 WIB.


Previously, rubber price opened with an increase by 0.20% or 0.30 point at 150.60 positions.


In yesterday's trade (11/7/2016), rubber price rose by 2.11% or 3.10 points to 150.30 yen per kg, in line with the significant weakening of Japanese yen by 2.25% or 2.26 points to 102.81 yen per US dollar.


Meanwhile this morning, Japanese yen exchange rate was seen strengthening by 0.26% or 0.27 points to 102.54 yen per US dollar at 7:14 WIB after opening with stagnant movement.


 


December 2016 Rubber Price Movement in TOCOM































Date



Price (Yen/Kg)



Change



12/7/2016


(07.09 WIB)



151.20



+0,60%



11/7/2016



150.30



+2,11%



8/7/2016



147.20



-3,66%



7/7/2016



152.80



-0,97%



Source: Bisnis Indonesia

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