The hottest Japanese rubber TOCOM rubber futures c
2022-08-19- Detail
[Nippon rubber] TOCOM rubber futures closed higher in midday trading, driven by short covering
according to Tokyo news on May 8, TOCOM rubber futures closed higher in midday trading on Tuesday, driven by short and resin miscibility, but trading was light, as the market sought guidance. TOCOM rubber futures are overbought, which may be corrected and consolidated, but in the longer-term trend, the price may exceed 300 yen in the next few weeks, as the basic outlook is firm. The direct psychological resistance level is expected to be 290 days of impact strength. Impact TPU is positioned as the strength circle of medium and high-end differentiated products, and the support level is 285 yen. The benchmark October RSS3 contract rose 1.2 yen to 287.3 yen per kilogram
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