Rubber bounces to record high

Rubber advanced to a record amid speculation that China may increase purchases to replenish stockpiles before the low-production period begins in major growing areas in Thailand. The Thai cash price also climbed to an all-time high. The July-delivery contract climbed as much as 1.2 percent to 520 yen a kilogram ($6,247 a ton) before settling at 518.7 yen on the Tokyo Commodity Exchange. The

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