JANUARY 6 RUBBER PRICE: Rubber Commodity Has Not 'Woke Up' Yet

The contract fell 1.5 percent from the previous day’s close of 150.60 yen a kilogram. This was the lowest close for the most active contract on the Tokyo Commodity Exchange since June 2009.
Prices for the rubber contract most actively traded in Japan have fallen 25 percent year-on-year, the steepest decline since 2011.
“China’s PMI data suggests the economy is not doing well and a strengthening yen have turned rubber negative,” said Megumi Saito, a dealer at Tokyo-based commodities broker Yutaka Shoji Co.
Thailand is the largest shipper after China.
Rubber contract for June 2016 on TOCOM




Date


Price (yen/kg)


Change




06/01/2016


148.20


-1.59%




05/01/2016


150.60


-1.44%




04/01/2016


152.80


-3.90%




30/12/2015


159


+1.27%




29/12/2015


157


-1.88%




Source: Bloomberghttp://market.bisnis.com/read/20160106/94/507477/harga-karet-6-januari-komoditas-karet-belum-bangun-dari-tidurnya