BEIJING (May 16): Benchmark Tokyo rubber futures closed slightly higher on Wednesday, snapping two consecutive sessions of decline.
According to the General Administration of Customs, in April, China imported a total of 428,000 tons of natural rubber and synthetic rubber (including latex), a 25.95% decrease from the previous month, and a decrease of 26.2% from the same period of last year, which was a year-on-year decline for three consecutive months.
Import of Natural Rubber touched all time high of 469,433 tonnes, an increase by 10.1% from the previous year.
According to the General Administration of Customs, in April 2018, China imported a total of 428,000 tons of natural and synthetic rubber (including latex), which was a decrease of 26.2% year-on-year and a decrease of 26.0% from the previous month.
Source: Global Rubber Markets
TOKYO (Reuters) - The dollar hovered near a five-month high against a group of major currencies on Wednesday, as a surge in the benchmark 10-year Treasury yield above 3 percent reignited a rally that had lost steam last week.
KOCHI: In the backdrop of subdued natural rubber (NR) price scenario in the country, Indian Farmers Movement (Infam) on Tuesday met the Empowered Committee members for NR appointed by the Government of India here and urged various steps, including restriction on imports to ensure steady domestic prices for the commodity.