Japan futures fall as oil slips, Asian shares weaken
Bullish strength: 25/100
- Shanghai January rubber futures gained 0.36%.
- Shanghai December butadiene rubber futures rose 0.24%.
- Singapore January rubber futures gained 0.2%.
Bearish strength: 75/100
- Osaka April rubber futures fell 0.97%.
- Oil prices declined more than 1%.
- Japanese rubber futures have experienced three consecutive weeks of declines.
- Weaker Asian equities and concerns about China's economy weighed on commodity sentiment.
- Tyre manufacturers limited purchases to immediate needs.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.