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Markets Print edition: 2020-04-24

Rubber jumps

Published Updated

Tokyo rubber prices rose nearly 3% on Thursday, tracking Shanghai futures and oil prices after more stimulus was promised by the US government to combat the coronavirus pandemic.

The Tokyo Commodities Exchange rubber contract for September delivery finished the day 4.3 yen, or 2.9%, higher at 152 yen per kg.

The most-active rubber contract on the Shanghai futures exchange was up 3.6% at 10,025 yuan per tonne by around 0733 GMT.

Copyright Reuters, 2020

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