Benchmark TOCOM rubber futures fell for a fourth day in a row on Wednesday as declines in Japanese equities as well as other industrial commodities hit sentiment. The Tokyo Commodity Exchange rubber contract for January delivery fell 1.1 yen to 203.5 yen per kg by 0010 GMT, after finishing 1.7 yen lower on Tuesday. Earlier in the session the contract traded as low as 203.4 yen, its lowest level since July 25.
Thailand's military government will encourage farmers in the world's biggest rubber producer and exporter to cut down more rubber trees in a bid to restrict supply to help shore up prices, a senior government official said on Tuesday.
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