DJ Tocom Rebounds on Yen Weakness, Breaches Y200 Level -- Market Talk

[Rakayang.Com]

DJ Tocom Rebounds on Yen Weakness, Breaches Y200 Level -- Market Talk

Tocom natural rubber futures rebound strongly, closing up 1.9% on Tuesday to breach the Y200 level as the yen continues to weaken. The dollar trades at 104.89 yen, the highest level since its January 16 peak of Y104.87. Another reason for the strong showing on the Tocom is that both the Shanghai Composite and futures market both rebounded Tuesday, says a Singapore-based dealer. Benchmark February futures close up Y3.8 at Y200.2/kg. (Isabella.steger@wsj.com)


??�:   Dow Jones Newswires