Edaran Terhad

●29hb Disember 2016●

Disusun oleh Perpustakaan, UPP

Berftta Harlan

2 9 DEC 2016

G ETA H „SSJX | f| a sa ra n getah Malaysia

t r ditutup tinggi semalam, dipacu oleh kelem ahan ringgit berbanding dolar Amerika Sya- rikat (AS)” kata peniaga.

Ringgit masih bergerak antara 4-48 berbanding dolar AS pada tengah hari susulan kenaikan hasil bon AS menyokong dolar.

‘'Getah tempatan lebih mena- rik kepada pedagang antarabang- sa setelah ringgit lemah,” kata- nya.

Beliau berkata, harga getah tempatan juga dibantu oleh ke­naikan sem alam an dalam pe- nanda aras harga minyak.

“Bagaim anapun, kenaikan disekat oleh penurunan dalam niaga hadapan getah di penan- da aras Bursa Komoditi Tokyo dengan kegiatan pengambilan untiing setelah harga getah di Bursa Niaga Hadapan Shanghai kurang m em berangsangkan,” katanya.

Pada tengah hari, harga fizikal rasmi Lembaga Getah Malaysia bagi gred tayar SMR 20 naik 32 sen kepada RM8.S6 sekilogram manakala lateks pukal menokok 1.5 sen kepada RM6.42 sekilo­gram.

Harga penutup tidak rasmi padajam 5 petang bagi gred tayar SMR 20 susut enam sen kepada RM8.44 sekilogram m anakala lateks pukal menambah lima sen kepada RM6.43 sekilogram.

BERNAMA

2 9 DEC 2016

EXCHANGE RATEBank Negara's best available quotations by commercial banks of Kuala Lumpur at 5pm on Dec 28, 2015 UNITS OF FOREIGN CURRENCY PER UNIT OF MALAYSIAN RINGGIT__________________________________________________________

Buying OD ■ Selling ODUS dollar. 0.2230 0.2232Sterling: 0.1819 0.1822Singapore dollar: 0.3235 0.3239Yen 100: 26.2266 26.2567Euro: 0.2136 0.2138Chinese Renminbi: 1,5512 1.5528RinggiE Malaysia per foreign currency

OPENING RATES BY MAYBANK ON DEC 28, 2016_______________

SELLING BUYING BUYINGTT/OD TT OD

1 US D o llar.................................. 4.5370 4.4200 4.41001 Australian Dollar..................... 3.2730 3.1690 3.15301 Brunei D o llar........................... 3.1400 3.0410 3.03301 Canadian Dollar....................... 3.3480 3.2500 3.23801 Euro............................................4.7560 4.6150 4.59501 New Zealand Dollar................ 3.1520 3.0280 3.01201 Papua N Guinea K ina ..............1.5400 1.2870 1.27101 Singapore Dollar......................3.1395 3.0410 3.03301 Sterling Pound......................... 5.5660 5.4300 5.41001 Swiss Franc .............................. 4.4140 4.3020 4.2870100 UAE D irham .................... 125.3500 118.5400 118.3400100 Bangladesh Taka................ 5.8330 5.5000 5.3000100 Danish Krone.................... 65.7400 60.3300 60.1300100 Hongkong Dollar.............. 59.3300 56.1100 55.9100100 Indian Rupee.......................6.8060 6.3700 6.1700100 Indonesian Rupiah.............. 0.0351 0,0315 0.0265100 Japanese Yen ...................... 3.8780 3.7490 3,7390100 Norwegian Krone............. 53.6600 49.2400 49,0400100 Pakistan Rupee.................. 4.4200 4.1300 3.9300100 Philippine Peso....................9,2800 8.7200 8.5200100 Qatar Riyal.......................126.0700 119.9200 119.7200100 Saudi R iya l.......................122.4900 116.2900 116.0900100 South Africa Rand............ 33.5600 30.8800 30.6800100 Sri Lanka Rupee..................3.1500 2.8700 2.6700100 Swedish K rona................. 50.9000 46.2400 46.0400100 Thai Baht............................13.4700 11,4100 11.0100

2 9 DEC 2016RUBBERKUALA LUMPURThe Malaysian rubber market dosed mostly higher boosted by a weakening ringgit against the US dol­lar, a dealer said.

The ringgit is still hovering around 4.48 against the greenback at noon as the rise in US bond yields helped support the greenback.

“Local rubber was more attractive to internation­al traders as a result of the weaker ringgit,” the dealer said.

He said the higher local rubber prices were also aided by the overnight gain in benchmark oil pric­es.

However, the gains were capped by the fall in rubber futures on the benchmark Tokyo Commodity Exchange on profit-taking as rubber prices on the Shanghai Futures Exchange lost steam, he added.

At noon, the Malaysian Rubber Boards official physical price for tyre-grade SMR 20 rose 32 sen to856.0 sen a kg while latex-in-bulk gained 1.5 sen to642.0 sen a kg.

The unofficial closing price at 5 pm for tyre-grade SMR 20 fell six sen to 844 sen a kg while latex-in- bulk added five sen to 643.0 sen a kg. - BernamaSMR PRICES FROM MR8 IN SEN A KILO: DEC 28 ___________

Offer Price Noon seli Closing sellSen/Kg US Cents/Kg Sen/Kg US Cents/Kg

SMR CV 1000.50 226.60 1002.00 226.95SMR L' 961.50 217.80 963.00 218.10SMR 5 868.00 195.60 856,00 193.90SMR GP 865.00 195.90SMR 10 858.00 194.35 846.00 191.60SMR 20 856.00 193.90 844.00 191.15CENTRIFUGED LATEX - LOCAL PRICE (ISO 2004) IN MALAYSIANSEN/KG(WET)Offer Price Noon sell Closing sellLatex in bulk 642.00 643.00Note: Effective from Jan 2, 2014, MRB will publish only the sellers'offer price.FARMGATE LATEX PRICE:

Latex CuplumpLow High Low High

(sen/kg) (sen/kg)Peninsular 700.00 800.00 345.00 370.00Sabah 715.00 715.00 305.00 365.00Sarawak - - 250.00 365.00

us$Low High

Sabah 320.00 385.00Sarawak 341.00 585.00Source: Maiaysian Rubber Board'

AT A GLANCECOMMODITIES (DEC 28)__________________________________

Tin (per tonne) US$20,800 UnchGold (per gramme) RM159,00 -RM0.36CPO Futures (per tonne) Jan RM3,213 -RMSUS$ CPO Futures (per tonne) US$716.75Rubber (per kg) SMR 20 856.00 sen +32 senLatex 642.00 sen +1.5 senDEC 27Nymex Oil Feb (per barrel) US$53.90 +US$0,88

& M )

2 9 DEC 2016

We can live with same-day forex rate, say glove makers::: r ■ ■:.. : ’ 4 VA: The Malaysian on banks, when they convert their ringgit, and reconvert it back to the USRubber Glove Manufacturers. export earnings to ringgit and re- dollar, using the same-day forex rate.Association (Margma) is standing down convert it to the US dollars. “But we must utilise it within sixover its request to be exempted from “That is already very good for us. For months,” Low added.Bank Negara Malaysia's (BNM) rule for the moment, we can live with it,” Earlier this month, Bank Negaraexporters to convert 75% of their export Margma president Denis Low Jau Foo announced that exporters could onlyearnings to ringgit following told SunBiz in an interview. retain up to 25% of their export proceedsconcessions by the central bank. He said instead of having to convert in foreign currency, while the

Rubber glove manufacturers are 75% of their export earnings to ringgit, remainder must be converted intosatisfied with BNM’s move to fix the the exporters are now allowed to ringgit, to boost the liquidity of the local .same-day foreign exchange (forex) rate convert all of their foreign earnings to currency. - by Wan llaika Mohd Zakaria

Sun

N o Im pact fro m U S p o w d e re d g lo v e s ban

1 A i ... ^ 1 ■!; -[ri ^ ; > A - ; - : "v • : • • i Malaysia exports n%-i4% of the, % T" - 1' 5 ’ ' = ,' j ^ j T "" ' ' " powdered gloves it produces to the

V -;o ■: ■ Y .a-. UK.Nevertheless, Low said, if other

BY WAN ILAIKA MOHD ZAKARIA remnants of exported powdered gloves countries are going to produce moresunbiz@thesundaily.com in the country. powder-free gloves, Margma members

“We want them (FDA) to allow a few will convert their production lines toFITALJI1G M r A; There will be no months for the gloves to be used up. * make more powder-free gloves,impact from the US Food and Drug That is the only petition that we are “There is no issue. We can convertAdministration’s (FDA) ban on sending to the US,” he said. our (production) lines to producepowdered medical gloves starting Jan 18 Currently, Low said, 23% of powder-free (gloves). But there must benext year as only 2%-3% of such gloves Malaysia's exported gloves are of the a grace period for us to convert. It is justproduced in Malaysia are exported to powdered variety, with the remaining a matter of timing,the United States, according to the 77% powder-free. “But I don’t think they willMalaysian Rubber Glove Manufacturers Asked whether other .... switch them all at once.Association (Margma). countries will follow the US in They will switch it

The FDA announced the ban on banning powdered gloves, gradually,” Low said,powdered gloves for healthcare Low said it is unlikely to ' noting that most of the

substantial risk of illness or injury”. American countries are still V-' Malaysia are

Ct»s««

2 9 DEC 2016

Harga minyak mentah susut menjelangtahun baharuSEOUL 28 Dis. - Harga minyak kekal diniagakan rendah sepan- mentah global susut disebabkan jang minggu ini sehingga cuti ta- pasaran masih menunggu se- hun baharu. jauh mana Pertubuhan Negara- Ketua Strategi Pasaran CMC negara Pengeksport Petroleum Markets, Michael McCarthy (OPEC) dan buk^n OPEC me- berkata, terdapat pelbagai jang- laksanakan pelan pengurangan kaan berhubung langkah OPEC bekalan menjelang sambutan ta- mengurangkan bekalan 1.8 juta hun baharu. tong sehari dan perkembangan

Harga minyak mentah Brent tu- itu perlu diberi tumpuan pada run 0.12 peratus kepada AS$56.02 dua minggu pertama tahun 2017. (RM251.05) setong, manakala West “Jika tersilap langkah atau Texas Intermediate (WTI) pula sebarang petunjuk bahawa per- berlegarpadaAS$53.82(RM24i.i9) janjian ini tidak mencapai per- berbanding AS$53-90 (RM241-55) setujuan, kita akan menyaksi- setong, semalam, kan harga minyak mentah akan

Dijangkakan harga minyak jatu h " katanya. - reuters

Berta Hartal

2 9 DEC 2016

Hubungan Malaysia, AS dipertingkat

© Z u l h a s n ^ n * I p V r dan mengukuhkan lagi hubungan Katanya, beliau akan meman-baik antara Malaysia dan AS yang faatkan peluang itu untuk mening-

b e r a z a m ^ p a n Sri Zulhasnan Rafique telah teijalin sejak sekian lama ia- katkan lagi hubungan antara ke-■ berkata Kuala Lumpur ber- itu sejak negara kita mencapai ke- rajaan Malaysia dan pentadbiran.

k h l d m a t t B r b a ! k ® tekad untuk m eletakkan merdekaannya,” katanya dalam ke- baharu AS di bawah kepimpinanhubungannya dengan Washing- §V, ;_:'A nyataan di sini, semalam. bakal presiden Donald Trump.

C 0 ( p n 0 ^ d l i a n t l k ton ^ penngkat lebih tinggi ber- t >; “Tatkala Malaysia maju ke arah^ ikutan pelantikannya sebagai du- Z ahir p en g h arg aan mencapai sepenuhnya status ne-Duta Besar ta besar baharu Malaysia ke Ame- Zulhasnan yang menggantikan Da- gara maju berpendapatan tinggi,

rika Syarikat (AS). v k V y|ij|S& ■ t uk Dr Awang Adek Hussin, men- kepentingan mengukuhkan lagiM 3 13 VS 13 k e Katanya, beliau komited untuk . d zahirkanpenghargaankepada Yang hubungan diplomatik, ekonomi,

J memberi sumbangan dan perkhid- p jr l| di-Pertuan Agong Ke-15, Sultan Mu- pendidikan, sosial dan keselama-Amerika Svarikat matan terbaik ke arah mencapai I gU i hammadVdiataskepercayaanSeri tan adalah faktor yang kritikal un-y hasrat dan objektif dalam hubu- , Paduka melantik beliau sebagai Du- tuk diteruskan bagi merigeratkan

ngan dua hala kedua-dua negara. S a y a DI el I h a t ta Besar Malaysia ke Washington. hubungan dua hala dengan negaraZulhasnan yang juga bekas Men- p e la n t ik a n in i Beliau turut merakamkan peng- lain di dunia” katanya.

ten Wilayah Persekutuan berkata, K < . hargaan sama kepada Najib. Beliau berkata ini termasuk ker-AS adalah antara ekonomi terbesar S e u 8 gd I SatU Kementerian Luar mengumum- jasama antara negara ke arah men-dan kuasa besar tercanggih dunia. p e n g a m a n a h a H kan pelantikan itu dalam satu ke- capai kestabilan politik dunia.

"Saya melihat pelantikan saya H^n a m n n a t h e s a r nyataan berasingan semalam. Awang Adek ketika mengulas pe-sebagai petanda jelas tekad Per- . “Saya melihat pelantikan ini se- lantikan itu berkata, ia satu pilihandana Menteri (Datuk Seri Najib Ra- k e a t a s Cmi S ay a bagai satu pengamanahan dan yang tepat kerana pengalamanzak) dan pucuk pimpinan negara amanat besar ke atas diri saya un- dan keupayaan dirniliki Zulhasnanbukan sahaja untuk untuk me- Zulhasnan Rafique, tuk mewakili kepemimpinan dan dalam lapangan politik, pentad-neruSkan, malah meningkatkan Duta Besar Malaysia ke AS seluruh rakyat Malaysia,” katanya biran dan ekonomi. BERN AM A

Utvsas

Malaysia tekad tingkatkan hubungan dengan AS - ZulhasnanKUALA LUMPUR 28 Dis. - TanSri Zulhasnan Rahque (gambar) W* W*berkata, Kuala Lumpur bertekad s r n ^ lih a t n p la n r ik a n untuk meietakkan hubungan- m e i i n a i p e ia n n K a nnya dengan Washington di pe- s a y a s e b a g a i p e t a n d a je l a srmgkat lebih t e n t a n g t e k a d P e r d a n atmggi beriku- t W L -tan peiantikan i iM M e n t e r i ( D a t u k S e r i N a jibte iia u sebagai T u n R a z a k ) d a n p u c u kduta besar ba- . . . , ,haru Malaysia 1 p im p m a n n e g a r a b u k a ndi Amerika j S j t ' S j s a h a ja u n t u k m e n e r u s k a n ,

“ a ^ y a , m a l a h m e n i n g k a t k a nbeiiau komi- k d a n m e n g u k u h k a n la g i

memberiUsumk hubungan baik antarabangan dan M a la y s ia d a n A S y a n gperkhM m atan t e l a h t e r ja l i n s e ja kterbaik ke arah m encapai hasrat . .dan objektif dalam hubungan dua S e k ia n la m a la itU s e ja khaia kedua-dua negara. n e g a r a k i t a m e n c a p a i

Dalam kenyataan dikeluarkan t ,sem pena pelantikannya itu, Zul- K S m e r a e K a a n n y a hasnan yang juga bekas MenteriWilayah Persekutuan berkata, AS ZULHASNAN RAFJQUE adalah antara ekonomi terbesar dan kuasa besar tercanggih dunia.

“Saya m elihat peiantikan saya pentadbiran baharu As di bawah sebagai petanda jelas tentang kepemimpinan bakal Presiden tekad Perdana Menteri (Datuk AS, Donald Trump.Seri Najib Tun Razak) dan pucuk “Tatkala Malaysia memban- pimpinan negara bukan sahaja gun maju ke arah mencapai sepe- untuk meneruskan, malah men- nuhnya status negara maju ber- ingkatkan dan mengukuhkan lagi pendapatan tinggi, _ kepentingan hubungan baik antara Malaysia mengukuhkan lagi hubungan dan AS yang telah terjalin sejak d iplom atic ekonomi, pendidi- sekian lama iaitu sejak negara kan, sosial dan keselamatan mer- kita m encapaikerne rdekaannya,” upakan faktor yang, amat kritikal katanya dalam kenyataan di sini, untuk diteruskan bagi mengerat- hari ini. kan hubungan dua hala dengan

Zulhasnan yang mengganti- negara lain di dunia,” katanya. kan Datuk Dr. Awang Adek Hus- Beiiau berkata, ini termasuk sin, menzahirkan penghargaan kerjasama antara negara ke arah kepada Yang di-Pertuan Agong mencapai kestabilan politik du- Sultan Muhammad V di atas ke- n a - "Bernama percayaan Seri Paduka melantik beiiau sebagai Duta Besar Mala­ysia di Washington.

Beiiau turut merakamlcan penghargaan sama kepada Najib.

Kementerian Luar mengu- mumkan tentang peiantikan itu dalam satu kenyataan berasingan hari ini.

“Saya m elihat peiantikan ini sebagai satu pengamanahan dan amanat -besar ke atas diri saya untuk mewakili kepimpinan dan seluruh rakyat Malaysia,” kata Zulhasnan yang menyandang jaw atan Menteri Wilayah Perse­kutuan dari 2006 hingga 2009.

Bekas juruterbang pesawat pejuang Tentera Udara Diraja Malaysia itu berkata, beiiau akan memanfaatkan peluang tersebut untuk meningkatkan lagi hubun­gan antara kerajaan Malaysia dan

NST

2 9 DEC 2016

BNM measures show success

erage volume of US$9 bi l l ion and manage foreign exposure with B ank Negara M alaysia says as the dem and and supply o f the US dollar/ringgit realigns, onshore foreign ex- (RM40.34 billion) across all foreign onshore banks, subject to prudential change m arket will fu rther stabilise, leading to better cost o f hedging and facilitating businesses in managing exchange transactions this month, limits, while resident and non-res- their foreign exchange risks. compared with the average of US$8 ideiit fund managers can freely andbillion from January to last month. actively manage foreign exchange ing framework. It allowed registered flows from both resident and non- month.

“The disruptive influence from exposure up to 25 per cent of in- fund managers to actively manage resident investors, with average bid- In addition to maintaining 25 perthe NDF market has also subsided, vested assets. The new measures up to 25 per cent of their invested offer spread of three basis points for cent of export proceeds in foreignAgainst the backdrop of a stronger - took effect on December 5. portfolio. benchmark securities. currencies, exporters were allowedUS dollar and continued uncertain- Bank Negara said as the demand To date, 10 fund managers, con- Bank Negara said trading activ- to reconvert their export proceeds to ties, the ringgit’s intra-day move- and supply of the US dollar/ringgit sisting of both residents and non- ities remain robust with average dai- meet up to six-month forward pro-ment averages around 90 points Realigned, onshore foreign exchange residents, registered with Bank Ne- ly trading volume of RM4.5 billion jection of their loans and importscompared with 228 points in market would further stabilise, lead- gara, with a total asset under man- and month- to-date volume of obligations, it said.November and a high of 600 points ing to better cost of hedging and agement eligible under the frame- RM52.8 billion. Bank Negara said the December(measured through difference be- facilitating businesses In managing work of RM41.8 billion. Resident companies recorded net data indicated that around 57 pertween the highest and lowest ex- their foreign exchange risks. "Fund managers have started to trade inflows under goods in excess cent ofthe proceeds were reconvert-change rate in the interbank market The central bank noted that the utilise this flexibility,” it said. of RM2 billion this month compared ed for this purpose, while the re-duringtheday). financial market has responded pos- In the secondary bond market, it with the cumulative net outflows maining proceeds in ringgit enjoyed

"Foreign exchange flows comprise itively to the fund manager’s hedg- said there continues to be two-way under goods from January to last a return of 3.25 per cent.

The Star2 9 DEC 2016

Ringgit volatility downLiquidity in domestic forex market improvesBy CECILIA KOK In response to the volatility, Bank Negara intro- invested portfolio.cecilia_kok@thestar.com.my duced new measures last month to compel cur- It noted that to date, 10 fund managers, com

rency traders overseas to stop driving the ringgit sisting of both residents and non-residents, have PETALING JAYA: Bank Negara's measure to lower and demanded that banks sign a commit- registered with Bank Negara with a total asset compel exporters to convert 75% of their pro- ment to cease trading the ringgit in the offshore under management eligible under the frame- ceeds into ringgit is starting to bear fruit, follow- NDF market. work of RM41.8bil.mg lower volatility in the ringgit. In addition, the central bank said it would “Fund managers have started to utilise this

According to central bank statistics, the intra- implement several measures to boost the onshore flexibility. In the secondary bond market, there day ringgit movement against the US dollar has ringgit trade. Besides the requirement that continues to be two-way flows from both resi- averaged around 90 points compared to 228 exporters convert 75% of their proceeds into the dent and non-resident investors with an average points in the month of November and a high of ringgit, which allowed them to retain the remain- bid-offer spread of three basis points for bench- 600 points (measured through the difference der of the proceeds in foreign currency with mark securities," Bank Negara said, between the highest and lowest exchange rate in onshore banks only, residents can hedge up to a It pointed out that trading activities remained the interbank market during the da}9. net open position of RM6mil in US dollar and robust, with an average daily trading volume of

It said in a statement that liquidity in the yuan exposure as well as enabling investors to RM4.5bil and a month-to-date volume of domestic foreign exchange (forex) market has hedge their forex exposure up to 25% of ring- RM52.8bil,also improved, with the daily average volume git-denominated assets. Resident companies recorded net trade inflowsrising to around US$9bil (RM40.3bil) this month, Bank Negara's definition of forex flows com- under goods in excess of RM2bil in December compared with the monthly average of US$8bil prises the supply and demand from all major 2016 compared with the cumulative net outflows in the previous 11 months of this year. The cen- participants, including the exporters/importers, under goods from January to November 2016. tral bank also said that the volatility associated and portfolio-related and direct investments. In addition to maintaining 25% of export pro-with the non-deliverable forward (NDF) market "As the demand and supply of the US dollar/ ceeds in foreign currencies, exporters were has been dampened. ringgit realigned, the onshore forex market will allowed to reconvert their export proceeds to

The ringgit had come under tremendous pres- further stabilise and lead to abetter cost of hedg- meet up to six-month forward projections of sure early last month following the US president ing and facilitate businesses in managing their their loan and import obligations, flection victory of Donald Trump as investors forex risks,” it said. December data indicated that around 57% ofmid down emerging-market assets and bought According to Bank Negara, the market has the proceeds were reconverted for this purpose, nto US equity markets in anticipation of strong- responded positively to the fund manager hedg- Bank Negara said, adding that the remaining ir growth and higher inflation from election ing framework which will allow registered fundpromises made on infrastructure spending. managers to actively manage up to 25% of their > TURN TO PAGE 2

Economists see reserves going up> FROM PAGE 1

proceeds in ringgit would enjoy a return of 3.25%.

Economists believe that the measures that have been taken will eventually increase the forex reserves and provide a buffer against speculative trades in the ringgit with the requirement to convert 75% of proceeds into file ringgit to offset the outflow from portfolio funds.

Page 1 of 1 © 2016 Factiva, Inc. All rights reserved.

RUBBER-TOCOM ends slightly lower on profit-booking

284 words28 December 201616:20Reuters NewsLBAEnglishCopyright 2016 Thomson Reuters. All Rights Reserved.TOKYO, Dec 28 (Reuters) - Benchmark Tokyo rubber futures gave up early gains to close slightly lower onWednesday as investors took profits after Shanghai lost steam.

The Tokyo Commodity Exchange (TOCOM) rubber contract for June delivery <0#2JRU:> finished 0.8 yen, or0.3 percent, lower at 256.4 yen ($2.18) per kg after rising to a high of 266.4 yen earlier in the session.

"The TOCOM pared earlier gains as Shanghai lost ground," said Hiroyuki Kikukawa, general manager ofresearch at Nissan Securities.

The most-active rubber contract on the Shanghai futures exchange for May delivery surged overnight to18,345 yuan ($2,637.48) per tonne, but surrendered some gains during day trading on profit-taking, to finishup 115 yuan at 17,705 yuan.

"The Tokyo market will likely stay focus on Shanghai direction and the yen's move for the rest of the week,"he said, adding prices might face strong selling pressure next year as the recent rally was too sharp.

The TOCOM benchmark has risen more than 50 percent since the end of September.

The U.S. dollar rose 0.2 percent against the yen to 117.67, adding to its gains of nearly 0.5 percent onTuesday in the wake of data showing U.S. consumer confidence hit a 15-year peak in December.

The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 184.0U.S. cents per kg, down 2.5 cents. ($1 = 117.5300 yen) ($1 = 6.9555 Chinese yuan) (Reporting by YukaObayashi; Editing by Subhranshu Sahu)

Released: 2016-12-28T09:20:09.000ZDocument LBA0000020161228eccs00di5

Page 1 of 1 © 2016 Factiva, Inc. All rights reserved.

Asian Rubber Futures Finish Mixed, Shanghai Rubber Gains

By Vibhuti Agarwal196 words28 December 201618:41Dow Jones Institutional NewsDJDNEnglishCopyright © 2016, Dow Jones & Company, Inc.Asian rubber prices ended Wednesday's trading session mixed, with stronger Shanghai rubber futureslending support to the rubber market.

The most-active rubber contract on the Shanghai futures exchange for May delivery recovered from earlierlosses to settle at 17,975 yuan ($2,585) per ton, up 385 yuan.

Benchmark Tokyo rubber future prices ended flat. The Tokyo Commodity Exchange rubber contract for Junedelivery finished 0.8 yen lower at 256.4 yen per kilogram.

A weakness in the yen against the U.S. dollar might lift rubber prices in the near-term, traders said.

Asian Rubber FuturesDec 28 Change from previous close

Tocom Jun RSS3 Y256.4/Kg Down Y0.8Shanghai May SCR5 CNY17,975/ton Up CNY385Sicom Mar RSS3 223.5 US cents/Kg Down 2.3 US cents/KgSicom Feb TSR20 193.1 US cents/Kg Down 4.2 US cents/Kg

USS Dec THB71.21-THB72.62/Kg THB70.71-THB71.52/KgBy Vibhuti Agarwal at vibhuti.agarwal@wsj.com

(END) Dow Jones Newswires

December 28, 2016 05:41 ET (10:41 GMT)

Document DJDN000020161228eccs000uu