Rubber steadies

Benchmark Tokyo rubber futures steadied on Tuesday, after earlier hitting their highest in more than two months, as investors took profits and as a drop in Shanghai futures and weaker oil prices weighed. The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery finished 0.1 yen higher at 209.4 yen ($1.86) per kg. It touched the highest since Sept. 28 of 211.1 yen earlier in the session. The most-active rubber contract on the Shanghai futures exchange for May delivery fell 80 yuan, or 0.5 percent, to finish at 14,715 yuan ($2,225) per tonne.