Tokyo rubber futures down

Benchmark Tokyo rubber futures on Tuesday dropped from a 10-month high hit the day before, with investors taking profits in shares and other riskier assets after recent rallies. But ongoing monetary easing from major central banks continued to underpin sentiment, analysts and traders said.
The most-active rubber contract on the Tokyo Commodity Exchange (TOCOM) for July delivery fell 1.8 yen, or 0.5 percent, to settle at 331.5 yen ($3.6) per kg. The most-active rubber contract on the Shanghai Futures Exchange for May delivery rose 40 yuan to 26,810 yuan ($4,300) per tonne. The front-month rubber contract on Singapore's SICOM exchange for March delivery last traded at 310.50 US cents per kg, down 2.4 cents.