Benchmark Tokyo rubber futures rose on Wednesday, recovering from a fresh two-week low hit in overnight trade, as a bounce in oil prices fed appetite for risk while the yen's fall also lent support, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for August delivery finished 2.8 yen, or 1.7 percent, higher at 170.5 yen ($1.50) per kg.
It dove to a low of 166.1 yen, the lowest since March 4, in Tuesday's overnight trade which is accounted as Wednesday's trade.
The most-active rubber contract on the Shanghai futures exchange for May delivery was up 135 yuan to finish at 11,270 yuan ($1,728.26) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for April delivery last traded at 123.2 US cents per kg, up 0.2 cent.
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