Benchmark Tokyo rubber futures ended weaker on Thursday, tracking lower oil prices, despite the gains in Shanghai market after concerns over China-US trade issues appeared to recede. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, fell to a near 20-month-low in early trade on weaker oil prices.
The Tokyo Commodity Exchange rubber contract for November delivery finished 1.8 yen ($0.0163) lower at 174.2 yen per kg.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 45 yuan ($6.93) to finish at 10,340 yuan per tonne. The front-month rubber contract on Singapore's SICOM exchange for July delivery last traded at 132.6 US cents per kg, up 0.1 cent.
