Rubber Extends Loss as Selling in Shanghai Spurs Demand Concern
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Rubber futures declined for a second day as a drop in the Chinese market increased concern demand may weaken in the world’s largest consumer.
The February contract fell as much as 0.8 percent to 279.3 yen a kilogram ($2,800 a metric ton) on the Tokyo Commodity Exchange and traded at 280.9 yen at 11:53 a.m. local time.