Tokyo rubber futures climb on Shanghai gain

TOKYO: Japanese rubber futures rose nearly 3% on Thursday, recovering from a two-week low hit in the previous session, as stronger Shanghai futures and a rally in Tokyo equities boosted sentiment. Osaka Exchange's (OSE) rubber contract for April delivery finished 6.1 yen, or 2.9%, higher at 216.3 yen ($2.1) per kg, after tumbling nearly 9% to its lowest since Oct. 21 on Wednesday. The most-active rubber contract on the Shanghai futures exchange for January delivery rose 100 yuan to finish at 15,010 yuan ($2,266) per tonne.