Rubber Drops as Much as 3.2% After Crude Oil Slump Curbs Demand
By Aya Takada
Nov. 2 (Bloomberg) -- Rubber futures in Tokyo dropped by as much as 3.2 percent after crude oil prices tumbled.
The April-delivery contract on the Tokyo Commodity Exchange fell to as low as 224 yen per kilogram before trading at 224.3 yen at 9:04 a.m. local time.
To contact the reporter on this story: Aya Takada in Tokyo at atakada2@bloomberg.net
Last Updated: November 1, 2009 19:05 EST
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