Tokyo rubber falls to 10-month low

Benchmark Tokyo rubber futures fell to a fresh 10-month low on Friday, marking the biggest weekly drop in 5-1/2 months, as China's weak manufacturing data raised worries over demand in the world's top buyer and slumping oil and stock prices weighed on market sentiment.
The Tokyo Commodity Exchange (TOCOM) rubber contract for January delivery finished 1.0 yen, or 0.5 percent, lower at 183.6 yen ($1.49) per kg, after touching a low of 181.8 yen, the lowest since October 17, 2014. For the week, the TOCOM futures, which set the tone for tyre rubber prices in Southeast Asia, lost 5.3 percent, booking the biggest weekly drop since early March.