Benchmark Tokyo rubber futures ended up 3.1 percent on Wednesday after hitting their highest in one-and-a-half months in late trading on the back of firm Shanghai futures. The Tokyo Commodity Exchange rubber contract for December delivery finished 6.2 yen higher at 207.7 yen ($1.85) per kg after touching 208 yen in late trading, the highest since May 31.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 530 yuan to finish at 14,045 yuan ($2,079) per tonne. The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 155.40 US cents per kg, up 6.7 cents.