Rubber Snaps Three-Day Losing Streak as Weaker Yen Boosts Appeal
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Rubber ended a three-day losing streak as Japan’s currency weakened against the dollar after data showed the nation’s exports trailed estimates, boosting the appeal of yen-denominated futures.
The contract for March delivery added 0.4 percent to settle at 268.4 yen a kilogram ($2,737 a metric ton) on the Tokyo Commodity Exchange. The most-active contract advanced 1.1 percent last week.