TOKYO, July 25 (Reuters) - Benchmark TOCOM rubber futures rose on Tuesday, supported by a weakening in the yen against U.S. dollar, but trades were thin as investors were mostly making position adjustments ahead of the nearest term contract's expiry.
FUNDAMENTALS
* The Tokyo Commodity Exchange (TOCOM) rubber contract for December delivery was up 1.3 yen, or 0.6 percent, at 210.6 yen per kg as of 0047 GMT, after falling more than two percent the previous day.
* The TOCOM July contract is due to expire on Tuesday.
* China's imports of natural rubber rose 30.48 percent from a year earlier in June, according to the country's customs data.
* China's economy is likely to grow at an annual rate of around 6.7 percent in the second half of 2017, slowing slightly from the first half of the year, the State Information Center (SIC) said on Tuesday.
MARKET NEWS
* The U.S. dollar rose 0.15 percent to 111.29 yen early on Tuesday, after touching a six-week low on Monday, as investors braced for news from this week's U.S. central bank meeting. A weaker yen makes yen-denominated assets more affordable when purchased in other currencies.
* Japan's benchmark Nikkei stock average inched higher on Tuesday after the U.S. Nasdaq hit a record high the previous day.
* Oil rose more than 1 percent on Monday, after leading OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut, and Halliburton Co's executive chairman said the U.S. shale drilling boom would probably ease next year.
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