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Rubber Gains as Yen Nears 2-Month Low, European Car Sales Grow

Rubber snapped a two-day decline as car sales rose in Europe and the yen traded near a two-month low against the dollar after the Japan’s trade deficit widened more than expected.

The contract for delivery in April on the Tokyo Commodity Exchange added 0.1 percent to settle at 258.7 yen a kilogram ($2,584 a metric ton). Futures have lost 14 percent this year.