TOKYO, June 13 (Reuters) - Benchmark TOCOM rubber futures inched up on Tuesday as investors looked for bargains after recent sharp declines in prices, but a stronger yen against the U.S. dollar and worries about slow demand in China, the world's top buyer, limited gains.
FUNDAMENTALS
* The Tokyo Commodity Exchange rubber contract for November delivery was up 1.5 yen, or 0.8 percent, at 188.4 yen ($1.71) per kg at 0044 GMT, after ending down 0.1 yen the previous day.
* Chinese auto sales edged down 0.1 percent from a year ago in May, registering two consecutive months of declines for the first time since 2015, as the rollback of a government tax incentive dragged on demand.
MARKET NEWS
* Oil prices edged up on Monday on signs of inventory declines in the United States and news that Saudi Arabia will limit volumes of crude to some Asian buyers in July and deepen cuts to the United States.
* The U.S. dollar rose 0.5 percent against the dollar, pushing its gains to more than 4 percent versus the greenback since mid-May.
* Japan's benchmark Nikkei stock average inched down on Tuesday following a weak lead from Wall Street, which was dragged lower by technology stocks for a second day.
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