By
Tokyo Commodity Exchange (TOCOM) futures climbed on Wednesday, supported by hopes that a $2 trillion US fiscal stimulus package would cushion economic damage from the coronavirus pandemic.
TOCOM's rubber contract for August delivery finished 2.3 yen higher at 153.2 yen ($1.38) per kg. The most-active rubber contract on the Shanghai futures exchange for September delivery rose 145 yuan to finish at 9,915 yuan ($1,396) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for April delivery last traded at 111.5 US cents per kg, up 0.2%. The TOCOM's March contract expired on Wednesday at 143.1 yen per kg.