Tokyo rubber higher

05 Mar, 2014

Tokyo rubber futures ended higher after a thinly traded session on Tuesday on the back of firmer oil and a weaker yen, dealers said. The Tokyo Commodity Exchange rubber contract for August delivery was up 1.1 yen to settle at 225.8 yen ($2.23) per kg. The most-active rubber contract on the Shanghai futures exchange for September delivery was down 250 yuan to finish at 14,695 yuan ($2,400) per tonne. The front-month April contract on Singapore's SICOM exchange was last traded at 188.0 US cents per kg, up 0.4 cent.

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