Rubber Gains From 7-Week Low as China Data Boosts Demand Outlook
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Rubber climbed, snapping a four-day losing streak, as data showed improvement in China’s economy, boosting speculation demand will grow from the largest consumer.
The contract for March delivery on the Tokyo Commodity Exchange rose 0.2 percent to end at 256.9 yen a kilogram ($2,631 a metric ton), rebounding from the lowest settlement since Aug. 8. The most-active contract has lost 15 percent this year.