Japanese rubber futures climbed on Wednesday, recouping losses from the previous session, as a weaker local currency made yen-denominated assets more affordable when purchased in other units.

The global NR production posted a much slower growth at 1.5%, year-to-year, amounting to 896,000 tons in April.

Malaysian palm oil futures fell on Tuesday for a second consecutive session, as the contract rolled over to a new month and tracked losses in rival edible oils.

Orders from customers will be more consistent from the second half of this year, says RHB Research.

Japanese rubber futures were flat on Tuesday, weighed by lower-than-expected growth in China industrial output and retail sales, while traders monitored developments surrounding the ongoing debt ceiling negotiations.

RHB Research has maintained its ‘neutral’ call on the rubber products sector as the gradual improvement in market dynamics should offer a favourable tailwind for the local glove manufacturers amid continuing challenges in raising average selling prices (ASP

Japanese rubber futures were poised for a four-day losing streak on Friday and set to end the week in red, mirroring losses in the Shanghai market as tepid economic data sapped risk appetite.

The rubber sector woes persisted in the month of April, with the industry continuing to deal with low yields.