* Japanese rubber futures edged lower on Monday, tracking
losses
in the Shanghai market and weaker domestic equities, while a
stronger yen against the U.S. dollar added pressure.
* The Osaka Exchange (OSE) rubber contract for August
delivery was down 1.7 yen, or 0.8%, at 223.3 yen
($1.64) per kg, as of 0212 GMT.
* The rubber contract on the Shanghai futures exchange for
May
delivery was down 105 yuan, or 0.8%, at 12,500 yuan
($1,796) per tonne.
* Rubber inventories in warehouses monitored by the Shanghai
Futures Exchange dipped 0.1% from a week earlier, the exchange
said on Friday.
* Japan's benchmark Nikkei share average opened down
0.48%.
* The Japanese yen strengthened 0.25% to 136.12
per
dollar.
* A stronger yen reduces the value of yen-based rubber in a
dollar
base and normally encourages investors to sell rubber futures at
OSE.
* Oil prices were flat in early trade on Monday, as Russia's
plans
to deepen oil supply cuts continued to support prices, while
increasing global inflation risks and rising crude inventories
in the United States weighed.
* The natural rubber market is helped by stronger oil prices
as
manufacturers are incentivised to shift away from synthetic
rubber that is derived from oil, driving natural rubber prices
higher.
* Asian shares slipped on Monday as markets were forced to
price
in ever-loftier peaks for U.S. and European interest rates,
slugging bonds globally and pushing the dollar to multi-week
highs.
* The front-month rubber contract on Singapore Exchange's
SICOM
platform for March delivery last traded at 135.5 U.S.
cents per kg, down 1.5%.
($1 = 136.2000 yen)
($1 = 6.9604 yuan)
(Reporting by Matthew Chye)
SINGAPORE, Feb 27 (Reuters) -
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