The yen stood tall on Tuesday on the back of renewed tensions over the Korean peninsula amid an escalating war of words between North Korea and Washington.
A stronger yen makes yen-denominated assets less affordable when purchased in other currencies.
Tokyo Commodity Exchange (TOCOM) futures for new March delivery made a debut at 216.2 yen, and hit their highest in nearly a week at 217 yen.
The Tokyo Commodity Exchange rubber contract for new March delivery finished 0.2 yen lower than its initial price to settle at 216 yen (US$1.93) per kg.
The most-active rubber contract on the Shanghai futures exchange for January delivery rose 40 yuan to finish at 14,625 yuan (US$2,209) per tonne.
China’s natural rubber imports rose 6% to 197,498 tonnes last month from a year earlier, official customs data showed on Tuesday.
The front-month rubber contract on Singapore’s SICOM exchange for October delivery last traded at 152.70 US cents per kg, down 0.4 cent.
(US$1 = 6.6211 Chinese yuan)
(US$1 = 111.6600 yen)
Source: globalrubbermarket (26/09/2017)