TOKYO (Jan 11): Benchmark Tokyo rubber futures edged down 0.2% by the close on Thursday, trimming losses as the dollar edged higher against the yen from a six-week low hit a day earlier, brokers said.
The Tokyo Commodity Exchange rubber contract for June delivery finished 0.5 yen lower at 206.9 yen (US$1.85) per kg.
Crude rubber inventories at Japanese ports stood at 10,739 tonnes as of Dec. 20, up 10.3% from the last inventory date, data from the Rubber Trade Association of Japan showed on Thursday.
The most-active rubber contract on the Shanghai futures exchange for May delivery rose 65 yuan to finish at 14,170 yuan (US$2,176) per tonne.
The front-month rubber contract on Singapore’s SICOM exchange for February delivery last traded at 148.70 US cents per kg, up 0.7 cent.
(US$1 = 111.8300 yen)
(US$1 = 6.5130 Chinese yuan)