This entry was posted on Thursday, August 25th, 2011 at 5:49 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
SINGAPORE (Dow Jones)–The ribbed, smoked sheet 3-grade rubber futures contract for August delivery on the Tokyo Commodity Exchange expired Thursday at Y350.2 a kilogram, with 434 lots delivered.
The expiry price was Y1.3 lower than the previous day”s settlement and Y24.9 lower than the July expiry price of Y375.1/kg. There were 172 lots delivered in July.
Each lot of the RSS3 contracts on Tocom is equivalent to five tons.
Source: Dow Jones