Benchmark Tokyo rubber futures gained on Tuesday, supported by a fall in the yen against the US dollar, but trade was thin as Chinese markets remained shut for National Day holidays. "The softer yen prompted fresh buys but gains were limited as traders in the world's biggest rubber buyer were away," said a Tokyo-based dealer who requested anonymity.
The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery finished up 2.6 yen, or 1.6 percent, at 166.0 yen ($1.62) per kg. Crude rubber inventories at Japanese ports stood at 7,794 tonnes as of September 10, down 1.5 percent from the last inventory date, data from the Rubber Trade Association of Japan showed on Tuesday. The front-month rubber contract on Singapore's SICOM exchange for November delivery last traded at 138.7 US cents per kg, up 2.6 cent.
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