Supply And Demand
This is the first 1,000 characters of 712 words (2.85 pages) in the essay titled Supply And Demand
|Supply and Demand
The rubber supply in Japan is at an all time low. The article chosen discusses how the low supplies of rubber are not typical for the time of year. Tokyo rubber or TOCOM is the Tokyo Commodity Exchange which regulates the rubber market in Japan. A rally was held recently which was the largest in years because of the concerns about low supplies and historically low rubber stocks.
The benchmark December rubber contract on the Tokyo Commodity Exchange rose as high as 169.2 yen per kg, the priciest for TOCOM's key contract since March 11, 1996, when prices hit 174.6. At the close it was up 3.4 yen at 168.7 (TOCOM.).
The contracts that are already signed between different companies for delivery from August to November of 2005 are not looking too good. The price for rubber is expected to rise five yen on the stock exchange. July’s contracts, which have no price limit, finished up seven at 189.8 yen per kg of rubber. This meant that the rubber ...
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