Rubber Climbs for Second Day on Optimism From U.S. Service Data
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Rubber futures gained for a second day as oil and equity markets rallied on improving U.S. service industries data.
The contract for delivery in August advanced as much as 1.7 percent to 292.5 yen a kilogram ($3,134 a metric ton) and closed at 289.1 yen on the Tokyo Commodity Exchange. That pared this year’s decline for a most active contract to 4.4 percent.