Rubber Drops Most in Six Weeks in Tokyo on China Growth Concern

Rubber Drops Most in Six Weeks in Tokyo on China Growth Concern
Jan. 22 (Bloomberg) -- Rubber dropped the most in six weeks on concern credit controls in China may slow economic growth in the world’s biggest consumer of the commodity.
Rubber for June delivery fell 8.3 yen, or 2.7 percent, to 294.3 yen per kilogram on the Tokyo Commodity Exchange at 9:16 a.m. local time. The contract, headed for its biggest one-day decline since Dec. 10, earlier fell as much as 3.4 percent to 292.2 yen, triggering a five-minute halt in trading.