Benchmark Tokyo rubber futures hit a new six-month high on Tuesday, getting support from a jump in Shanghai futures on the back of a weak yuan and yen. The Tokyo Commodity Exchange rubber contract for April delivery finished 2.7 yen higher at 189.8 yen ($1.82) per kg after touching 192.5 yen earlier, the highest since May 2.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 855 yuan to finish at 15,115 yuan ($2,231) per tonne. The front-month rubber contract on Singapore's SICOM exchange for December delivery last traded at 157.80 US cents per kg, up 3.9 cents.
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