Tokyo rubber falls

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Tokyo Commodity Exchange (TOCOM) slipped on Friday, snapping a 3-day , as investors took ahead of the weekend, while weaker Shanghai futures also dented sentiment.

However, they still marked a fifth straight weekly gain.

TOCOM’s for April delivery finished 1.6 yen lower at 177.3 yen ($1.62) per kg. For the week, it booked a 3% gain.

The most-active rubber contract on the for January delivery slid 190 to finish at 11,970 ($1,712) per tonne. ’s new technically specified rubber (TSR) 20 futures contract was steady at 10,165 yuan per tonne. Rubber inventories in warehouses monitored by the rose 0.3% from last Friday, the exchange said on Friday.

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The front-month rubber contract on Singapore’s SICOM exchange for December delivery last traded at 135.2 US cents per kg, down 0.4%.

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