Rubber futures in Tokyo commodity exchange fell for a second day, traded near two-month low on concern demand for the commodity used in tires may decline. The futures also declined as supply in Thailand increased.
A rise in dollar against euro is another drag for rubber market. New York crude oil is traded at 119.74.
Malaysian rubber is traded lower for sixth consecutive day today. Asian physical rubber prices edged lower on today as Tokyo futures prices near a two-month low.
The benchmark rubber contract on the Tokyo Commodity Exchange for January delivery went down by 2.5 yen, traded at 312.7.
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