Rubber climbs

Benchmark Tokyo rubber futures hit their highest level since late July 2015 on Friday on a weaker yen, and rose 15.6 percent for the week, their biggest since May 2013. The Tokyo Commodity Exchange rubber contract for April delivery closed 6.9 yen higher at 205.5 yen ($1.93) per kg after touching 207.7 yen, the highest since July 30, 2015.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 855 yuan to finish at 16,390 yuan ($2,405) per tonne, after hitting 16,465 yuan, the highest since June 12, 2015. The front-month rubber contract on Singapore's SICOM exchange for December delivery last traded at 170.20 US cents per kg, up 3 cents.