Rubber down on Dec.22

New benchmark Tokyo rubber futures fell in thin trade on Thursday, mirroring a plunge in Shanghai futures and ahead of a Japanese national holiday on Friday, with the contract ending the week lower, its first drop in three weeks. The new TOCOM rubber contract for June delivery finished at 266.2 yen ($2.26) per kg, down 4.3 yen, or 1.6 percent, from an opening price of 270.5 yen.

For the week, it lost 6.1 percent. The most-active rubber contract on the Shanghai futures exchange for May delivery tumbled 690 yuan to finish at 18,540 yuan ($2,668.97) per tonne. The front-month rubber contract on Singapore's SICOM exchange for January delivery last traded at 189.9 US cents per kg, down 3.5 cent.