【Fuji Tomi】Time outside Shanghai stability and yen appreciation disliked, Tokyo Rubber sharply fell

（東京ゴム）
Tokyo Rubber on the 21st closed lower. As of 11:00, the near-month August contract was down 4.0 yen from the previous week’s close at 264.0 yen.
Ignoring the Shanghai Rubber’s drop below 18,000 yuan at the start of the week, Tokyo Rubber fell sharply from the morning after the holidays. Before the holidays, it had shown a sharp rise, supported by the recovery of Shanghai Rubber to 18,000 yuan, so this is viewed as a corrective drop. After 10:00, stop-loss selling hit, showing a low of 262.8 yen. However, there was a firming around the 260 yen level, and the decline paused. It is viewed as a contrarian trading around the 260 yen level.

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