Benchmark TOCOM rubber futures fell around 2 percent early on Tuesday, tracking a similar overnight decline in Shanghai futures.
FUNDAMENTALS
* The Tokyo Commodity Exchange rubber contract for March delivery had dropped 3.7 yen to 197.3 yen ($1.76) per kg by 0000 GMT, after falling as much as 2.4 percent earlier.
* Key Shanghai futures ended overnight trading down 2.2 percent.
* Crude rubber inventories at Japanese ports stood at 5,476 tonnes as of Sept. 30, down 5.3 percent from the last inventory date, data from the Rubber Trade Association of Japan showed on Tuesday.
MARKET NEWS
* Crude prices rose 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC's second-largest producer.
* The U.S. dollar was quoted around 112.18 yen, compared with around 111.96 yen on Monday afternoon.
* Japan's benchmark Nikkei stock average was up 0.5 percent.
* Copper prices broke through the $7,000 a tonne mark for the first time in three years on Monday as a number of pieces of economic data, including from top consumer China, fuelled optimism about demand.
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