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