Tokyo rubber futures edged lower on Monday, tracking falls in oil prices at a time when investors booked profits after recent rises, dealers said on Monday. The benchmark rubber contract on the Tokyo Commodity Exchange for April delivery fell 0.9 yen to settle at 261.2 yen ($2.60) per kg.
Weaker yen helped TOCOM prices to rise 1.2 percent to a two-week high on Friday, marking their biggest weekly gain in a month and encouraging investors to book profits. The most-active rubber contract on Shanghai futures exchange for May delivery was down 245 yuan to finish at 19,130 yuan ($3,100) per tonne. The front-month rubber contract on Singapore's SICOM exchange for December delivery was last traded at 230.1 US cents per kg, down 0.4 cent.
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