TOKYO—Global rubber futures have continued a recent decline seen across all major exchanges, Japan Exchange Group (JPX) has reported.
In Japan's Osaka Stock Exchange, natural rubber pricing fell by 1.8 percent in quiet trading during the business week to July 19.
The declines were less marked on China's SHFE and INE exchanges, with pricing for the commodity down by 0.6 percent on prior-week levels. Highlighting a bearish trend, however, JPX said official warehouse stocks on both Chinese trading centers increase during the week.
On Singapore's SICOM exchange, meanwhile, rubber futures fell marginally by 0.1 percent.
"All exchanges experienced a sharp decline in trading volume due to market uncertainty and a lack of clear price direction," the market watcher said in its July 22 report. "Overall market sentiment remains weak, with no signs of demand forthcoming, while production in most producing countries is at full capacity."
