Benchmark Tokyo rubber futures rose on Friday, helped by a weaker yen against the dollar after stronger-than-expected US economic data put the focus back on rate hikes, and posted a gain of nearly 5 percent for the week. The Tokyo Commodity Exchange (TOCOM) rubber contract for October delivery finished 1.6 yen, or 0.7 percent, higher at 224.9 yen ($2.02) per kg, after diving to a low of 216.2 yen earlier in the session.
For the week, it increased 4.8 percent, the biggest weekly gain since late January.
The most-active rubber contract on the Shanghai Futures Exchange for September delivery rose 230 yuan to finish at 13,775 yuan ($1,998.7) per tonne. It climbed 1 percent for the week. The front-month rubber contract on Singapore's SICOM exchange for June delivery last traded at 152.9 US cents per kg, up 2.5 cents.
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