TOKYO, Oct 31 (Reuters) – Benchmark Tokyo rubber futures ended down 0.4 percent on Monday due to a stronger yen and lower oil prices. The U.S. dollar was quoted around 104.96 yen JPY= , compared with around 105.43 yen on Friday afternoon. USD/ “The decline in oil prices weighed on the market,” said a source with a Tokyo-based broker.
The Tokyo Commodity Exchange rubber contract for April delivery JRUc6 0#2JRU: finished 0.4 yen lower at 183.5 yen ($1.75) per kg. The most-active rubber contract on the Shanghai Futures Exchange for January delivery SNRcv1 rose 35 yuan to finish at 14,225 yuan ($2,101) per tonne.
The front-month rubber contract on Singapore’s SICOM exchange for November delivery STFc1 last traded at 149 U.S. cents per kg, down 0.1 cent.
($1 = 104.9700 yen) ($1 = 6.7717 Chinese yuan)
(Reporting by Osamu Tsukimori; Editing by Sunil Nair)
