[Dow Jones] Tocom rubber futures settle 4.5% higher amid a broadbased market rebound in Japan as investors
cover shorts and buy on dip. Investor sentiment has been boosted by producing countries' support for prices over the
last two days, as well as the resumption of automotive plant operations in Japan. Toyota Motor Corp. will resume
operations at seven of its automotive parts plants in central Japan from Thursday, the Yomiuri Shimbun reports. Tire
major Bridgestone Corp. also says it will resume production at three of its Japanese plants Wednesday and plans to use
power generators to keep those factories running amid the country's rolling blackouts. A Tokyo-based commodities
brokerage analyst says Tocom may test Y380/kg this week if the upward correction continues. The benchmark August rubber
contract settles Y16 higher at Y369/kg, off the intraday high of Y379/kg. (huileng.tan@dowjones.com)
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