Tokyo rubber futures slipped on Thursday as a firmer Japanese yen spurred selling, but steadier oil still supported TOCOM prices, dealers said. The Tokyo Commodity Exchange rubber contract for September delivery was down 0.7 yen to settle at 236.9 yen ($2.32) per kg. "Players sold contracts to stop losses after they saw the yen rise against the dollar," said a Bangkok-based dealer.
The most-active rubber contract on the Shanghai Futures Exchange for September delivery fell 175 yuan to finish at 15,375 yuan ($2,500) per tonne. The front-month rubber contract on Singapore's SICOM exchange for April delivery last traded at 188.0 US cents per kg, down 1.9 cents.
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