Rubber Advances as U.S. Car Sales Increase Optimism for Demand
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Rubber gained amid optimism that rising vehicle sales in the U.S. would improve demand for the material used for tires.
The contract for delivery in May on the Tokyo Commodity Exchange added 0.2 percent to settle at 274.5 yen a kilogram ($2,673 a metric ton). Futures closed at 275.3 yen on Dec. 2, the highest level in two months.