Rubber Retreats as Rally to Two-Month High May Weaken Demand
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Rubber dropped from a two-month high, snapping a three-day winning streak, amid speculation rising prices may sap demand from China, the largest consumer.
The contract for delivery in May on the Tokyo Commodity Exchange lost 0.5 percent to end at 273.9 yen a kilogram ($2,652 a metric ton). Futures settled yesterday at the highest level since Sept. 26.