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SINGAPORE: Japanese rubber futures snapped a six-session rally on Friday, amid weaker crude prices and concerns over a global economic slowdown, although gains in the Shanghai market capped losses.
The Osaka Exchange rubber contract for February delivery was down 2.1 yen, or 0.9%, at 224.3 yen ($1.57) per kg as of 0200 GMT. The benchmark contract has gained more than 3% for the week.
The OSE will be closed on Monday for a public holiday in Japan.