Benchmark Tokyo rubber futures snapped a three-session losing streak to edge higher on Thursday, as investors made position adjustments in thin new year trade, while higher oil prices and a rally in Asian equities also lent support. The Tokyo Commodity Exchange (TOCOM) rubber contract for June delivery finished 0.2 yen higher at 206.9 yen ($1.84) per kg. The January contract rose 0.8 yen to close at 206.2 yen per kg. The most-active rubber contract on the Shanghai futures exchange for May delivery fell 205 yuan to finish at 14,115 yuan ($2,172) per tonne. The front-month rubber contract on Singapore's SICOM exchange for February delivery last traded at 144.4 US cents per kg, down 0.9 cent.

Copyright Reuters, 2018