Rubber Pares Fourth Monthly Loss on Weak Yen, Chinese Stockpiles

Rubber pared a fourth monthly decline as a drop in Japan’s currency against the dollar raised the appeal of the yen-based futures and stockpiles declined in China, the largest consumer.

Rubber for delivery in November added 0.5 percent to settle at 258.4 yen a kilogram ($2,563 a metric ton) on the Tokyo Commodity Exchange. The most-active contract fell 1.6 percent this month, losing 18 percent since the end of January.