TOKYO (Dec 19): Benchmark Tokyo rubber futures ended down 1% on Tuesday tracking a fall in Shanghai futures, brokers said.
Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, also came under pressure after hitting a near two-week high of 210.3 yen on Monday, they added.
The Tokyo Commodity Exchange rubber contract for May delivery finished 2 yen lower at 207 yen (US$1.84) per kg.
The most-active rubber contract on the Shanghai futures exchange for May delivery fell 115 yuan to finish at 14,420 yuan (US$2,183) per tonne.
The front-month rubber contract on Singapore’s SICOM exchange for January delivery last traded at 144.50 US cents per kg, down 0.3 cent.
(US$1 = 112.6100 yen)
(US$1 = 6.6041 Chinese yuan)
