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TOKYO: Japanese rubber futures fell for a third consecutive session as Thai flood-related supply concerns eased and inventories continued to build.
The Osaka Exchange (OSE) rubber contract for May delivery was down 2.8 yen, or 0.85%, at 325.5 yen ($2.09) per kg, as of 0245 GMT. The rubber contract on the Shanghai Futures Exchange (SHFE) for
May delivery dipped 100 yuan, or 0.65%, to 15,190 yuan per metric ton.
The most-active January butadiene rubber contract on the SHFE gained 105 yuan, or 1%, to 10,630 yuan per metric ton.
The yen was steady at 155.70 per dollar, with bets
firming on a Japanese interest rate hike this month.
A stronger currency makes yen-denominated assets less affordable to overseas buyers.
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