SICOM rubber factors to watch for Friday, September 7

Rubber bicycle tyre; taken September 2018.Rubber bicycle tyre
  • The SICOM front-month October contract settled down 0.1 cent at 131.8 U.S. cents.
  • TOCOM February delivery rubber futures eased 0.4 yen to 177.6 yen (US$1.51) per kg.
  • The Trump administration may be gearing up to impose tariffs on US$200 billion in Chinese goods as soon as this week with Beijing expected to retaliate.
  • The U.S. and China have already applied tariffs to US$50 billion of each other’s goods and the next step could come after a public comment period ends at midnight in Washington on Thursday.

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