(Bloomberg) -- Rubber futures in Tokyo fell for the
first day in four as the yen strengthened to its highest in more
than six weeks 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 its highest in more
than six weeks 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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