(Bloomberg) -- Rubber futures in Tokyo fell for a
first day in four as the yen strengthened to a one-month high
against the dollar and China reported imports of the commodity
declined last month.
A gain in Japan's currency damps the value of yen-
denominated contracts for commodities such as rubber, which
trades globally in dollars. China's natural rubber imports
dropped 1 percent in June to 118,417 metric tons from a year ago,
the Beijing-based Customs General Administration said today.
Read more at Bloomberg Commodities News
first day in four as the yen strengthened to a one-month high
against the dollar and China reported imports of the commodity
declined last month.
A gain in Japan's currency damps the value of yen-
denominated contracts for commodities such as rubber, which
trades globally in dollars. China's natural rubber imports
dropped 1 percent in June to 118,417 metric tons from a year ago,
the Beijing-based Customs General Administration said today.
Read more at Bloomberg Commodities News
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