BANGKOK, May 21 (Reuters) - Benchmark Tokyo rubber futures ended flat on Wednesday as firm oil lent support, but the gains were offset by a stronger yen, dealers said.
The Tokyo Commodity Exchange rubber contract for October delivery
"Tokyo rubber should rise higher as firmer oil prices lent support, but a stronger yen encouraged players to sell contract to stop losses and that limited the gains," said a Bangkok-based dealer.
The yen stood little-changed at 101.33 per dollar
Brent futures edged higher towards $110 per barrel on Wednesday, supported by industry data showing an unexpected draw in U.S. crude inventories and more violence in OPEC oil producer Libya.
The most-active rubber contract on the Shanghai futures exchange for September delivery
The front-month rubber contract on Singapore's SICOM exchange
($1 = 101.3450 Japanese Yen)
($1 = 6.2384 Chinese Yuan)
(Reporting by Apornrath Phoonphongphiphat; Editing by Prateek Chatterjee)
((apornrath.phoonphongphiphat@thomsonreuters.com)(+66 2 648 9738)(Reuters Messaging: apornrath.phoonphongphiphat.thomsonreuters.com@reuters.net))
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