Tokyo rubber rises on April 17
Tokyo Commodity Exchange (TOCOM) futures rose on Friday after US President Donald Trump unveiled plans to gradually reopen the coronavirus-hit economy, outweighing downbeat economic data from top consumer China.
TOCOM's rubber contract for September delivery finished 2.7 yen higher at 153.9 yen ($1.43) per kg. For the week, it booked a 0.6% gain, marking a second consecutive weekly gain.
The most-active rubber contract on the Shanghai futures exchange for September delivery rose 90 yuan to finish at 10,050 yuan ($1,421) per tonne.
The front-month rubber contract on Singapore's SICOM exchange for May delivery last traded at 111.9 US cents per kg, up 0.5%. Rubber inventories in warehouses monitored by the Shanghai Futures Exchange rose 0.6% from last Friday, the exchange said on Friday.
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