Benchmark Tokyo rubber futures ended up 0.5 percent on Monday, off a six-month high hit earlier due to weak Shanghai futures, brokers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, earlier rose 0.9 percent to an intraday high of 215.2 yen, the highest since July 3.
The Tokyo Commodity Exchange rubber contract for June delivery finished 1.1 yen higher at 214.4 yen ($2) per kg on the first trading day of 2015. The most-active rubber contract on the Shanghai futures exchange for May delivery fell 160 yuan to finish at 13,365 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for February delivery last traded at 151.10 US cents per kg, down 2.3 cents.
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