Benchmark Tokyo rubber futures dipped to a two-week low on Friday, ending the first week of the new year with a nearly 1 percent decline, as investors took profits ahead of a long weekend in Japan. Japanese markets will be closed on Monday for a national holiday.

The Tokyo Commodity Exchange (TOCOM) rubber contract for June delivery finished 2.1 yen, or 1.0 percent, lower at 204.8 yen ($1.81) per kg, after touching the lowest since December 22 at 204.0 yen earlier in the session. For the week, it shed 0.9 percent.

Copyright Reuters, 2018