Rubber Declines for Second Day on Signs Demand Slowing in China
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Rubber futures in Tokyo dropped for a second day as rising stockpiles in China and Japan signaled slow demand for the commodity used in tires.
The contract for delivery in May on the Tokyo Commodity Exchange fell 0.4 percent to end at 280.1 yen a kilogram ($2,720 a metric ton), extending losses this year to 7.4 percent.