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Asian Rubber Futures End Lower as Sentiment Wanes

Rubber prices fell as sentiment across the region remained downbeat and agricultural commodities in Asia stayed under pressure.

Rubber prices have moved significantly lower, with the benchmark Tocom rubber contract ending down 7% at Y147.2 a kilogram for the week. The Tocom rubber contract was also hurt by the fall in the U.S. dollar against the Japanese yen, making the yen-denominated commodity more expensive.

Reuters