Benchmark Tokyo rubber futures rose for a second day to a one-week high on Wednesday, helped by firmer oil prices and a weaker yen, amid thin trade as some investors stayed on the sidelines ahead of the June contract's expiry. The Tokyo Commodity Exchange (TOCOM) rubber contract for November delivery finished 1.5 yen, or 0.7 percent, higher at 232.2 yen ($1.87) per kg. It earlier rose to 232.7 yen, the highest since June 15. The June contract expired at 216.4 yen on Wednesday. The most-active rubber contract on the Shanghai futures exchange for September delivery fell 10 yuan to finish at 13,835 yuan per tonne.
The front-month rubber contract on Singapore's SICOM exchange for July delivery last traded at 158.5 US cents per kg, down 0.9 cent.