Japan rubber futures rise

TOKYO: Japanese rubber futures rose on Thursday after official figures on corporate service prices provided another indicator of Japan’s recovery from the pandemic fallout.

Osaka Exchange’s rubber contract for November delivery finished up 3.4 yen, or 1.5%, at 237.5 yen per kg.

Japan’s corporate service prices rose at the fastest annual pace in eight months in May, data showed on Thursday.

The rubber contract on the Shanghai futures exchange for September delivery rose 1.4% to finish at 13,010 yuan per tonne.