Benchmark Tokyo rubber futures rose 1.9 percent on Friday, as buyers emerged after the contract fell almost 8 percent the past three days amid worries over demand in China, but the gains were limited due to high inventories. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for August delivery rose 5.3 yen to settle at 282.9 yen ($2.94) per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 160 yuan to finish at 23,110 yuan ($3,700) per tonne. The front-month rubber contract on Singapore's SICOM exchange for April delivery last traded at 276.0 US cents per kg, up 0.9 cents.
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