Benchmark Tokyo rubber futures dipped to a three-week low on Wednesday as a higher yen, slumping Tokyo stock market and weaker oil prices dampened market sentiment and prompted fresh selling. The Tokyo Commodity Exchange rubber contract for January delivery finished 1.1 yen, or 0.7 percent, higher at 153.0 yen ($1.51) per kg, after giving up an earlier gain and hitting a low of 152.8 yen, the lowest since July 12.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 60 yuan to finish at 12,665 yuan ($1,910.34) per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 129.9 US cents per kg, up 0.3 cent.
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