Rubber down

Benchmark Tokyo rubber futures snapped a three-day winning streak on Thursday as the market took a cue from a decline in Shanghai futures amid signs of slowing growth in the world's No.2 economy, brokers said. The Tokyo Commodity Exchange rubber contract for February delivery finished 3.1 yen lower at 227.9 yen ($2.06) per kg. The market did not get support from a weaker yen against the dollar. The most-active rubber contract on the Shanghai futures exchange for January delivery fell 400 yuan to finish at 16,420 yuan ($2,508) per tonne. The front-month rubber contract on Singapore's SICOM exchange for October delivery last traded at 166.40 US cents per kg, down 1.9 cents.