Rubber futures hit nine-year high
Tokyo (Reuters) - Tokyo rubber futures extended a rally on Wednesday to their highest level in nine years, led by a buoyant spot contract amid concerns about tight physical supply and historically low rubber stocks in Japan.
The benchmark December rubber contract on the Tokyo Commodity Exchange rose as high as 169.2 yen per kg, the priciest for TOCOM's key contract since March 11, 1996, when prices hit 174.6. At the close it was up 3.4 yen at 168.7.
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Reuters (Japan) story