Benchmark Tokyo rubber futures fell on Friday, retreating from a 1-week high hit the previous day, as investors took profits ahead of the weekend and the January contract expiry on Monday, but the benchmark marked its first weekly gain in three weeks. The Tokyo Commodity Exchange rubber contract for June delivery lost 2.5 yen, or 1.2 percent, to finish at 198.9 yen ($2) per kg.
For the week, the contract rose about 3 percent, marking its first increase in three weeks. The most-active rubber contract on the Shanghai futures exchange for May delivery fell 25 yuan to finish at 13,190 yuan ($2,118) per tonne. The front-month rubber contract on Singapore's SICOM exchange for February delivery last traded at 140.70 US cents per kg, up 0.50 cent.
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