Tokyo rubber rises

TOKYO: Japanese rubber futures rose more than 2 percent on Tuesday after Japan's ruling party voted in a new leader who pledged to continue his predecessor's so-called "Abenomics" policies to revive the world's third-biggest economy.

Osaka Exchange's (OSE) rubber contract for February delivery closed up 4.1 yen, or 2.3%, at 183.2 yen per kg, ending higher for a second session. The most-active rubber contract on the Shanghai futures exchange for January delivery finished 0.7% higher at 12,360 yuan per tonne.