Benchmark Tokyo rubber futures ended up 2 percent on Friday on firm Shanghai futures and short-covering, dealers said. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, also got support from oil's 3 percent gains overnight despite some decline on Friday, they added. The Tokyo Commodity Exchange rubber contract for January delivery finished 3 yen higher at 153.7 yen ($1.52) per kg, up 0.1 percent for the week.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 135 yuan to finish at 12,700 yuan ($1,911) per tonne. The front-month rubber contract on Singapore's SICOM exchange for September delivery last traded at 129.30 US cents per kg, up 0.2 cent.
