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Rubber Pares Monthly Gain Before U.S. Growth Data, Fed Meeting

Rubber slid to a two-week low, paring the first monthly gain in six, ahead of U.S. economic growth data and a policy statement by the Federal Reserve today.

The contract for delivery in January lost 1.4 percent to 240.3 yen a kilogram ($2,454 a metric ton) on the Tokyo Commodity Exchange, the lowest settlement for a most-active contract since July 16. The drop pared gains for this month to 1.7 percent.