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Markets Print edition: 2021-01-05

Tokyo rubber futures rally

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By Reuters

BEIJING: Japanese rubber futures rallied on Monday, tracking a strong Shanghai market on hopes of higher demand after the holiday season.

The Osaka Exchange rubber contract for June delivery was up 4.7 yen, or 2.1%, at 231.6 yen ($2.25) per kg as of 0208 GMT.

The rubber contract on the Shanghai futures exchange for May delivery was up 365 yuan at 14,165 yuan ($2,178.86) per tonne.

The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 154.2 US cents per kg, up 3.1%.

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