Benchmark Tokyo rubber futures ended down 0.3 percent on Tuesday after hitting a one-week high earlier in the session as doubts that crude producers would agree next month to an output freeze continued to drag on oil prices.
Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, touched a low of 153.2 yen, but regained some ground after the dollar held firm by afternoon.
The Tokyo Commodity Exchange rubber contract for February delivery finished 0.5 yen lower at 154 yen ($1.50) per kg after touching a one week-high of 154.9 yen earlier.
The most-active rubber contract on the Shanghai Futures Exchange for January delivery fell 45 yuan to finish at 12,260 yuan ($1,835.60) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 125.50 US cents per kg, down 1.1 cent.
