TOKYO: * Tokyo Commodity Exchange (TOCOM) futures slipped to a 3-month low on Wednesday, amid a flurry of technical selling and weighed down by a stronger yen against the U.S. dollar.
* The benchmark TOCOM rubber contract for December delivery
finished 6.4 yen, or 3.4%, lower at 184.6 yen ($1.71) per kg, after touching the lowest since April 3 of 183.6 yen earlier in the session.
* The most-active rubber contract on the Shanghai futures exchange for September delivery fell 115 yuan to finish at 11,160 yuan ($1,620) per tonne. It dove to as low as 11,115 yuan, the lowest since March 29, earlier in the session.
* The U.S. dollar was quoted around 107.68 yen, compared with around 108.34 yen on Tuesday afternoon. A stronger yen makes yen-denominated assets less affordable when purchased in other currencies.
* Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.
* Japanese stocks retreated on Wednesday, pressured by a stronger yen and profit taking among exporter stocks and other cyclical names ahead of an upcoming U.S. holiday and employment data.
* TOCOM's technically specified rubber (TSR) 20 futures contract for January delivery closed up 1.0% at 153.6 yen per kg.
* The front-month rubber contract on Singapore's SICOM exchange for August delivery last traded at 144.7 U.S. cents per kg, down 1.1%.
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