Benchmark Tokyo rubber futures slid to a 2-week low on Tuesday, extending losses into a third session, as a stronger yen and bearish sentiment on oil prompted a flurry of selling while continued falls in Shanghai rubber futures added to pressure. The Tokyo Commodity Exchange (TOCOM) rubber contract for January delivery finished at 153.7 yen ($1.47) per kg, down 3.3 yen, or 2.1 percent, from an opening price of 157.0 yen.
The most-active rubber contract on the Shanghai Futures Exchange for September delivery fell 75 yuan to end at 11,145 yuan ($1,669.06) per tonne. The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 128.5 US cents per kg, down 2.8 cent.
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