Benchmark Tokyo rubber futures extended declines for a fifth straight session and ended at a near 1-1/2 month low on Thursday amid ongoing worries over economic growth after US President Donald Trump threatened fresh tariffs on another $200 billion in Chinese imports. The Tokyo Commodity Exchange rubber contract for February delivery finished 0.4 yen lower at 167.6 yen ($1.51) per kg, the lowest settlement since July 26.
The most-active rubber contract on the Shanghai Futures Exchange for January delivery rose 65 yuan, or 0.5 percent, to finish at 12,060 yuan ($1,766) per tonne. The front-month rubber contract on Singapore's SICOM exchange for October delivery last traded at 131.8 US cents per kg, down 0.1 cent.
China will be forced to retaliate if the United States implements any new tariff measures, China's commerce ministry warned on Thursday, as the world's two biggest economies remain locked in an intensifying trade war.
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