Rubber ekes out gain

13 Jul, 2018

Benchmark Tokyo rubber futures snapped two straight sessions of falls on Thursday on the back of firm Shanghai futures. The Tokyo Commodity Exchange rubber contract for December delivery finished 0.6 yen higher at 172.6 yen ($1.54) per kg. The most-active rubber contract on the Shanghai futures exchange for September delivery rose 60 yuan to finish at 10,355 yuan ($1,554) per tonne. The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 130.3 US cents per kg, up 0.6 cent.

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