By Lucy Craymer

Asian rubber prices ended Thursday's session mixed as Tokyo rubber contracts rose, led by gains in crude-oil prices, but profit-taking weighed in Shanghai.

The Organization of the Petroleum Exporting Countries late Wednesday reached a landmark deal to trim oil output. As a result, Brent crude was trading up 0.7% late in Asia at $52.18 a barrel.

"The decision has lifted the overall mood of the market, impacting rubber prices positively," said a Tokyo-based trader.

However, Shanghai rubber futures fell again Thursday, likely because of profit-taking after the spectacular rally in rubber prices over the past two months.

Asian Rubber Futures

Dec. 1Change from previous close

Tocom May RSS3 Y234.9/kg Up Y6.8/kg

Shanghai May SCR5 CNY18,135/Ton Down CNY80/Ton

Sicom Jan RSS3 US 203.0 cents/Kg Up US 4.8 cents/Kg

Sicom Jan TSR20 US 171 cents/Kg Up US 1.5 cents/Kg

USS Dec THB64.89-THB65.95/Kg THB64.79/Kg-THB65.40/Kg

Write to Lucy Craymer at lucy.craymer@wsj.com, @lucy_craymer

(END) Dow Jones Newswires

December 01, 2016 05:46 ET (10:46 GMT)

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