SICOM rubber factors to watch for Wednesday, September 5

On Singapore’s National Day, 9 August 2014, helicopters fly the flag toward the National Day Parade.On Singapore’s National Day, 9 August 2014, helicopters fly the flag toward the National Day Parade.

* – The SICOM front-month contract settled down 0.2 cent to 131.5 U.S. cents.

* – TOCOM February delivery rubber futures ended down 0.3 yen to 168.8 yen (US$1.511) per kg. The contract hit a two-year low intraday at 168.5 yen.

* – The market is on edge ahead of possible US$200 billion in tariffs on Chinese goods this week as early as Thursday, with duties of 25 percent on items from building supplies, bicycles and apparel.