Rubber Futures Rally on Equity Gains, Weaker Yen

Natural rubber futures have recovered from a dip in early June, with prices closing higher across all major Far East exchanges during the week ended 19 June. The rally was supported by gains in global equity markets, a weaker Japanese yen, and renewed buying interest. According to the Japan Exchange Group, optimism over a potential peace agreement between the US and Iran, as well as concerns about an El Nino weather pattern affecting commodity production, also underpinned sentiment. In Osaka, Japan, the November 2026 rubber contract settled 3.4% higher week-on-week, while in Shanghai, China, SHFE and INE rubber futures rose 1.2% and 1.7% week-on-week respectively. In Singapore, SICOM’s September 2026 contract closed 1.8% higher, with fresh buying interest emerging as the yen weakened to a nearly two-year low against the US dollar.