BEIJING: Japanese rubber futures fell on Wednesday on expectations for higher output, as rains eased in main producer Thailand.
The Osaka Exchange rubber contract for May delivery was down 1.2 yen ($0.0105), or 0.52%, at 230.6 yen per kg as of 0100 GMT.
The rubber contract on the Shanghai futures exchange for May delivery was up 80 yuan ($12.56) at 14,730 yuan per tonne on Wednesday.
Falling rubber inventories in China have boosted Shanghai prices.
The front-month rubber contract on Singapore’s SICOM exchange for January delivery last traded at 171.2 U.S. cents per kg, down 0.5%.
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The rubber contract on the Shanghai futures exchange for May delivery also tumbled 395 yuan, or 2.7%, to 14,365 yuan ($2,252) per tonne.
The rubber contract on the Shanghai futures exchange for May delivery was down 25 yuan, or 0.2%, at 14,435 yuan ($2,266) per tonne.