Benchmark Tokyo rubber futures rose on Friday due to firmer Shanghai futures, and amid higher Tokyo stock market helped by US President Donald Trump's pledge for a major tax announcement, leading to a weekly gain of over three percent. The Tokyo Commodity Exchange rubber contract for July delivery ended higher by 4.0 yen, or 1.3 percent, at 311.7 yen ($2.74) per kg.
For the week, it gained 3.6 percent. The most-active rubber contract on the Shanghai futures exchange for May delivery rose 275 yuan to finish at 20,970 yuan ($3,047.48) per tonne. The front-month rubber contract on Singapore's SICOM exchange for March delivery last traded at 220.8 US cents per kg, up 1.9 cent.