Rubber down

Benchmark Tokyo rubber futures inched lower on Tuesday, pressured by weaker oil prices overnight, but losses were partially offset by healthy sentiment in the industrial metals market. The Tokyo Commodity Exchange (TOCOM) rubber contract for January delivery finished 0.3 yen lower at 216.5 yen ($1.98) per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 105 yuan to close at 16,700 yuan ($2,509.5) per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 154.6 US cents per kg, down 0.1 cent.