28 Jan 2025
Major Far East markets show mixed trends with ‘uncertain trading direction’
Tokyo – Natural rubber futures closed the trading week ended 24 Jan mixed amid “uncertain trading direction,” according to Japan Exchange Group (JPX).
In Osaka, Japan, the June-2025 rubber contract fell 0.75% week-on-week in quiet trading.
In Shanghai, China, the SHFE and INE rubber futures posted declines of 1.5% and 1.4%, respectively, due to “long liquidation and light speculative selling,” reported JPX 27 Jan.
In Singapore, SICOM’s active April-2025 rubber contract rose 2.1% on the previous week on consumer and speculative buying interest.
Under the Lunar New Year holidays, SHFE and INE markets close from 28 Jan to 4 Feb, resuming trading on 5 Feb.
SICOM will close between 28 and 30 Jan and will resume trading on 31 Jan.
Japan’s OSE will continue trading without holidays next week.
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Already a subscriber? Log in here
