Rubber Climbs to Near 8-Month High as China May Build Stockpiles
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Rubber advanced to near an eight-month high on optimism China, the biggest buyer, will increase inventories ahead of holidays next month.
Rubber for delivery in June gained 0.6 percent to settle at 305.6 yen a kilogram ($3,498 a metric ton) on the Tokyo Commodity Exchange. The most-active contract rose to 313.7 yen yesterday, the highest level since May 7.