TOKYO—Natural rubber futures declined across all major Far East exchanges last week as China's anticipated economic stimulus package failed to impress investors.
Rubber futures closed the trading week ended Nov. 15 "sharply lower" across major markets due to "long liquidation and stop-loss selling," the Japan Stock Exchange said in its Nov. 18 report.
In Osaka, Japan, April 2025 rubber contract dropped 4.7 percent week-on-week, while China's SHFE and INE rubber futures fell by 4.9 percent and 7.9 percent, respectively.
In Singapore, active February 2025 contract closed 5.7 percent lower than the previous week amid active trading.
Open interest dropped across all exchanges, reflecting the closure of positions, reported JPX.
According to JPX, the downturn deepened with weaker crude oil prices and an 8-percent drop in synthetic rubber on the SHFE, intensifying pressure on natural rubber markets.
