(Bloomberg) -- Natural rubber futures in Tokyo rose
to the highest in five weeks amid speculation demand for the
commodity may grow after JSR Corp., Japan's largest maker of
synthetic rubber, announced a rise in its product prices.
JSR will raise prices of synthetic rubber products, the raw
material for vehicle tires, by between 5 percent and 10 percent
from Aug. 21, to cope with rising petroleum costs, according to
a company news release yesterday. It will be the company's
second increase this year.
Read more at Bloomberg Commodities News
to the highest in five weeks amid speculation demand for the
commodity may grow after JSR Corp., Japan's largest maker of
synthetic rubber, announced a rise in its product prices.
JSR will raise prices of synthetic rubber products, the raw
material for vehicle tires, by between 5 percent and 10 percent
from Aug. 21, to cope with rising petroleum costs, according to
a company news release yesterday. It will be the company's
second increase this year.
Read more at Bloomberg Commodities News
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