TOCOM's Rubber Hits New Record High Since Listing

4.16.2010

 

Tokyo Commodity Exchange, Inc. April 2010 rubber futures contract temporarily hit 412.1 yen/kilogram during today’s session. This is a new high of the nearest contract month, breaking the 30-year record of 386.8 yen/kilogram set in February 13, 1980, when the contract reached its highest price since its listing on December 12, 1952 at the then Tokyo Rubber Exchange.

The price in TOCOM Rubber market acts as the world’s benchmark for natural rubber, and is referred daily by trading companies and producers especially in south-east Asia.

1. Quotes for Rubber Futures of April 2010 Contract on April 16 (Yen per kilogram)

Month

Last Settlement Price

Open

High

Low

Close

Settlement Price

Change

2010/04

382.5

382.5

412.1

382.5

412.1

411.9

+29.7

 

2. Changes in the TOCOM Rubber Futures Price

 

 

 

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