Rubber down

27 May, 2017

Benchmark Tokyo rubber futures touched a two-week low on Friday as oil prices tumbled after an agreement by OPEC and some non-member states to extend existing supply curbs. The Tokyo Commodity Exchange rubber contract for new November delivery debuted at 223.3 yen ($2.01) on Friday morning and finished down 10.3 yen at 213 yen per kg, the lowest settlement since May 10.

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