TOKYO: Tokyo Commodity Exchange (TOCOM) rubber futures slipped on Monday as a record rise in global Covid-19 infections raised more doubts about a swift economic recovery following the sharp downturn due to the pandemic.

TOCOM's rubber contract for November delivery finished 0.5 yen lower at 157.7 yen ($1.48) per kg.

The most-active rubber contract on the Shanghai futures exchange for September delivery fell 30 yuan to finish at 10,350 yuan ($1,463) per tonne.

The front-month rubber contract on Singapore's SICOM exchange for July delivery last traded at 116.0 US cents per kg, down 0.2%.

The pandemic is accelerating globally, with the World Health Organization reporting a record increase in global coronavirus cases on Sunday.