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Tokyo rubber futures closed mixed on Wednesday as some contracts gave up gains after currency-induced buying ran out of steam in the absence of fresh supportive factors. The benchmark January 2005 rubber contract on the Tokyo Commodity Exchange (TOCOM) settled down 0.9 yen per kg at 136.8 yen, the day's low. The day's high was 139.10 yen.
The spot August and September contract fell by 1.3 yen and 2.5 yen respectively.
The volume of TOCOM rubber traded on Wednesday was 6,605 lots, up slightly from 5,757 lots on Tuesday. Open interest stood at 36,858 lots as of the end of Tuesday, up from Monday's 36,198 lots.

Copyright Reuters, 2004

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