---
title: "RUBBER-Japan futures firm on US-Iran peace hopes, upbeat China data"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282927130.md"
datetime: "2026-04-16T02:33:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282927130.md)
  - [en](https://longbridge.com/en/news/282927130.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282927130.md)
---

# RUBBER-Japan futures firm on US-Iran peace hopes, upbeat China data

By Ruth Chai

April 16 (Reuters) -

-   Japanese rubber futures were on track to snap a six-day losing streak on Thursday, as hopes of a peace deal between the U.S. and Iran improved risk appetite, while upbeat economic data in top consumer China also lifted the sentiment.
-   The Osaka Exchange (OSE) rubber contract for September delivery (JRUc6) (0#2JRU:) was up 0.9 yen, or 0.23%, at 389.5 yen ($2.45) per kg as of 0207 GMT.
-   The rubber contract on the Shanghai Futures Exchange (SHFE) for September delivery (SNRv1) rose 135 yuan, or 0.81%, to 16,885 yuan ($2,476.31) per metric ton.
-   The most active May butadiene rubber contract on the SHFE (SHBRv1) gained 65 yuan, or 0.4%, to 16,170 yuan per metric ton.
-   Stocks pushed higher in early Asia trading on Thursday as optimism grew about a deal to end the Iran war, with the U.S. ratcheting up pressure on Tehran, improving sentiment for commodities.
-   Japan’s Nikkei climbed 1.8% to the brink of an all-time high on Thursday, surpassing 59,000.
-   Oil prices fell in early trade as hopes for easing U.S.-Iran tensions, following reports that Iran could allow ships to pass through around the Strait of Hormuz, outweighed concerns over ongoing supply disruptions. (O/R)
-   In addition, top consumer China’s economy grew 5.0% in the first quarter from a year earlier, official data showed, beating analysts’ expectations of 4.8% growth.
-   Rainfall in China’s rubber-producing province of Yunnan has alleviated worries of tight supply due to high temperatures and drought, according to Chinese broker GF Futures.
-   Tapping season is also set to begin in top-producer Thailand, as well as Vietnam.
-   Rubber crops usually undergo a season of low production from February to April, before a peak harvesting period that lasts until September.
-   The front-month rubber contract on Singapore Exchange’s SICOM platform for May delivery (STFc1) last traded at 204 U.S. cents per kg, up 0.2%. ($1 = 158.7700 yen) ($1 = 6.8186 yuan)

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