Tokyo rubber futures fell more than 3 percent on Friday tracking falls in Japanese shares, but found some support as oil prices steadied, dealers said. However, TOCOM prices still posted their biggest weekly gain in 1-1/2 month on steadier oil prices, which helped rubber futures end above a major support level of 200 yen, they said.
The Tokyo Commodity Exchange rubber contract for January delivery fell 4.2 yen to settle at 208.0 yen per kg.
The benchmark fell as much as 3.2 percent to 205.3 yen, its lowest since July 29. The most-active rubber contract on the Shanghai futures exchange for January delivery fell 280 yuan to finish at 15,485 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 170.2 US cents per kg, down 1.4 cents.
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