Benchmark Tokyo rubber futures ended up 5.5 percent on Thursday as the dollar hit a near four-month against the yen with traders seeking some stability after 24 hours of high drama following Republican candidate Donald Trump's victory in the US presidential election. The Tokyo Commodity Exchange rubber contract for April delivery finished 10.3 yen higher at 198.6 yen ($1.89) per kg, after hitting 199 yen, the highest since April 28.
The most-active rubber contract on the Shanghai Futures Exchange for January delivery rose 595 yuan to finish at 15,920 yuan ($2,344) per tonne, after hitting an intraday high of 16,020 yuan, the highest since June 25, 2015. The front-month rubber contract on Singapore's SICOM exchange for December delivery last traded at 162 US cents per kg, up 3.5 cents.
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