Benchmark Tokyo rubber futures fell on Wednesday as lower oil prices and a stronger yen prompted sell orders. The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery ended 1.9 yen lower at 202.3 yen($1.7166) per kg. "TOCOM prices came under pressure in early trade due to lower oil prices and the yen's rebound. Then it followed the Shanghai market which went down as investors took profit from gains earlier this week," said Jiong Gu, an analyst with Yutaka Shoji Co.
The most-active rubber contract on the Shanghai futures exchange for May delivery fell 95 yuan to finish at 12,620 yuan. The front-month rubber contract on Singapore's SICOM exchange for December delivery last traded at 154.0 US cents per kg, down 1.8 cent.