Firm yen helps Tokyo rubber gain
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Tokyo rubber futures ended higher on Wednesday as higher oil prices provided support, but gains were trimmed by a firmer yen.
The benchmark rubber contract on the Tokyo Commodity Exchange for February delivery rose 1.9 yen, or 0.8 per cent, to settle at 250.5 yen ($2.16) per kg. The benchmark retreated from an intra-day high at 253.3 yen, the highest since Aug. 9.
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Source : Business Line |
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