Rubber gains

15 Feb, 2017

Benchmark Tokyo rubber futures hit a near two-week high on Tuesday, stretching gains into a third straight session, on the back of firm Shanghai futures. The Tokyo Commodity Exchange rubber contract for July delivery finished 0.4 yen higher at 326.4 yen ($2.88) per kg after touching a near two-week high in the night session.
The most-active rubber contract on the Shanghai futures exchange for May delivery rose 330 yuan to finish at 22,015 yuan ($3,206) per tonne. The front-month rubber contract on Singapore's SICOM exchange for March delivery last traded at 229.70 US cents per kg, down 0.5 cents.

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