Tocom rubber futures settle 1.8% higher as the yen weakens against the greenback and on an improvement in Chinese manufacturing data.
Traders will now be focused on Japan’s general election Sunday, and its spillover impact on Tocom rubber, for further cues. Benchmark May rubber settles Y4.9 higher at Y276.4/kg, off the intraday high of Y277/kg–also the highest in more than six months.
Source: Dow Jones
