Tokyo rubber futures fall

Key TOCOM rubber futures on Wednesday fell 2.9 percent to a five-week low as concerns over weak demand from Japan's auto industry and a stronger yen weighed on the market. The key Tokyo Commodity Exchange rubber contract for October delivery settled down 11.3 yen at 378.6 yen per kg, falling for a third session in a row. The contract fell as much as 3.1 percent to 378 yen per kg before the close as weakness in Shanghai rubber futures weighed on sentiment.
The most active rubber contract on the Shanghai Commodity Exchange for September delivery slid 2.2 percent, or 740 yuan, to close at 32,160 yuan per tonne. Volume stood at 948,158 lots.