Tokyo rubber futures slipped on Thursday, hovering near one-month lows as weaker oil weighed on prices, though an easing Japanese yen helped prevent sharp falls, dealers said. The Tokyo Commodity Exchange rubber contract for January delivery fell 0.7 yen to settle at 197.4 yen per kg.
It fell intra-day to 196.2 yen, the lowest since July 15. The most-active rubber contract on the Shanghai futures exchange for January delivery fell 240 yuan to finish at 14,925 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery was last traded at 164.5 US cents per kg, down 1.3 cents.
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