Tokyo rubber falls for third day

Tokyo Commodity Exchange (TOCOM) futures fell for a third day on Tuesday, tracking a drop in prices on the much more active Shanghai futures exchange.

TOCOM's rubber contract for September delivery finished down 0.4 yen, or 0.3%, at 151.4 yen per kg.

The most-active rubber contract on the Shanghai futures exchange for September delivery had declined 0.2% to 10,050 yuan per tonne by around 0648 GMT. The US dollar was quoted around 107.65, compared with 107.76 yen in late Asia trade the previous day. Oil prices were higher with Brent gaining a second day and WTI up nearly 1%.