Benchmark Tokyo rubber futures edged higher for a second session on Wednesday, helped by firmer Shanghai futures and lower yen against the U.S. dollar, but concerns over the rising inventories capped gains.
Various industries that are reliant on high performance and quality rubbers are advancing at a past pace. Today, opportunities and challenges alike are shaping up innovations in leading industries such as automotive and tyres.
TOKYO (April 17): Benchmark Tokyo rubber futures bounced back from a one-week low hit in the previous session to edge up on Tuesday, supported by technical buying, dealers said.
WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.
KUALA LUMPUR, Malaysia—While natural rubber prices experienced a weak quarter in the first three months of 2018, global natural rubber demand grew 7.6 percent year-on-year to about 3.4 million metric tons for the period.