Rubber climbs

Benchmark Tokyo rubber futures climbed on Thursday as gains in Japanese stock market and a weaker yen against the US dollar helped boost risk appetite among investors, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery
finished up 1.8 yen, or 0.9 percent, at 207.0 yen ($1.84) per kg. But the most-active rubber contract on the Shanghai futures exchange for May delivery plunged 395 yuan, or 2.8 percent, to finish at 13,970 yuan ($2,112) per tonne. The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 142.1 US cents per kg, down 3.1 cents.