Rubber drops amid slower U.S. growth and falling payrolls

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Source: Bloomberg
© Scanpix/AP
Rubber fell on Thursday dropping to a more-than-a-week low as the Japanese Yen increased reducing demand for yen-denominated futures and after the U.S. government reported weaker performance of the economy and falling payrolls. Rubber for October delivery slid 3.4% to 250.8 yen a kilogram or $2,578 a metric ton, the lowest figure of most-active contract since April 24.

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