The benchmark rubber future price in Tokyo ended up 0.4 percent on Thursday, erasing early losses, as firm equities in Japan and China offset a stronger yen. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, failed to make strong gains, however, amid worries over the slowing economy in top consumer China. The Tokyo Commodity Exchange rubber contract for March delivery finished 0.7 yen higher at 174.4 yen per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 55 yuan to finish at 11,825 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for November delivery last traded at 127.9 US cents per kg, up 0.4 cent.