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Benchmark Tokyo rubber futures ended down 0.8 percent on Friday as weak Shanghai futures prompted market participants to book profits from a two-day rally to near two-month highs, brokers said. The Tokyo Commodity Exchange rubber contract for December delivery finished 1.7 yen lower at 214.5 yen ($1.92) per kg. It had hit a near two-month high of 218 yen on Thursday. For the week, the contract gained 6.4 percent.

The most-active rubber contract on the Shanghai futures exchange for September delivery fell 125 yuan to finish at 13,970 yuan ($2,065) per tonne. Rubber inventories in warehouses monitored by the Shanghai Futures Exchange rose 1.5 percent from last Friday, the exchange said on Friday.

Copyright Reuters, 2017


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