Rubber Declines as China’s Cash Crunch Spreads to Auto Dealers
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Rubber fell the most in nearly a month as a cash crunch in China, the biggest consumer, is spreading to the nation’s auto dealerships.
Rubber for delivery in December on the Tokyo Commodity Exchange fell 2.8 percent, the most at close since June 13, to 234.7 yen a kilogram ($2,346 a metric ton). Futures have lost 22 percent this year.