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TOCOM ends down 1.2pc on oil's fall
Imad Uddin
05 Feb, 2015
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Copyright Reuters, 2015
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![](https://i.brecorder.com/images/2015/02/rubber-natural-feb.jpg">TOKYO: Benchmark Tokyo rubber futures closed 1.2 percent lower on Thursday, marking the first decline in four sessions as steep falls in crude oil prompted some profit-taking following gains of more than 6 percent in the past three sessions.</P><P>The Tokyo Commodity Exchange (TOCOM) rubber contract for July delivery finished 2.5 yen lower at 206.4 yen per kg, after gaining 6.5 percent in the past three sessions.</P><P>The losses were limited after China took steps to pour fresh liquidity into the world's second-biggest economy to spur activity.</P><P>TOCOM futures, which set the tone for tyre rubber prices in Southeast Asia, touched a four-week high on Wednesday, closing in on early January's six-month high, which it touched on worries over lower production in flood-hit Malaysia and Thailand.</P><P>)