Rubber Rebounds From Worst Week in Three Months on Weaker Yen
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Rubber rose from the largest weekly loss since November as Japan’s currency weakened, boosting the appeal of yen-denominated contracts amid declining output of the commodity during a low production season.
The contract for July delivery gained 0.9 percent to close at 324.2 yen a kilogram ($3,448 a metric ton) on the Tokyo Commodity Exchange. Futures fell 2.7 percent last week, the most since the week through Nov. 9.