By Vibhuti Agarwal
Asian rubber prices ended lower Thursday amid light trading volumes before the Christmas holiday weekend.
"Market volumes have thinned out with most investors sitting on the sidelines," said Kaname Gokon, an analyst at Okato Shoji brokerage in Tokyo.
Tokyo rubber prices have been experiencing some consolidation ahead of Friday's market holiday and against a backdrop of weakness on Japan's stock exchange.
Several markets in Asia will be closed Monday in observance of Christmas, though those in Japan, China and South Korea will be open.
The Tokyo benchmark six-month contract ended down 6.2 yen at Y264.8 ($2.25) a kilogram Thursday.
The most-active rubber contract on the Shanghai futures exchange for May delivery fell 195 yuan to settle at CNY19,035 ($2,740) a metric ton.
Asian Rubber Futures
Dec 22 Change from previous close
Tocom May RSS3 Y264.8/Kg Down Y6.2
Shanghai May SCR5 CNY19,035/ton Down CNY195
Sicom Jan RSS3 227.5 US cents/Kg Down 2.1 US cents/Kg
Sicom Feb TSR20 199.5 US cents/Kg Down 1.2 US cents/Kg
USS Dec THB73.91-THB74.95/Kg THB72.89-THB75.25/Kg
By Vibhuti Agarwal at email@example.com
(END) Dow Jones Newswires
December 22, 2016 06:15 ET (11:15 GMT)
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