
SINGAPORE, Feb 17 (Reuters) -
Japanese rubber futures declined on Monday, as fresh U.S. tariff plans on automobiles bolstered rising trade war anxieties, outweighing prospects of weaker supply from top producer Thailand.
The Osaka Exchange (OSE) rubber contract for July delivery JRUc6, 0#2JRU: was down 8.6 yen, or 2.28%, at 368 yen ($2.42) per kg, as of 0207 GMT.
The rubber contract on the Shanghai Futures Exchange (SHFE) for May delivery SNRv1 dipped 30 yuan, or 0.17%, to 17,805 yuan ($2,455.15) per metric ton.
The most active February butadiene rubber contract on the SHFE SHBRv1 fell 155 yuan, or 1.08%, to 14,245 yuan ($1,964.26) per ton.
U.S. President Donald Trump on Friday said levies on automobilies would be coming as soon as April 2.
Automobile sales could influence the intensity of automobile manufacturing, which involves using rubber-made tyres.
Since his inauguration, Trump has imposed additional 10% tariffs on all Chinese imports, set a March 12 start date for all steel and aluminium imports, and directed his economics team to devise plans for reciprocal tariffs.
China, the world's top rubber consumer, is one of the trading partners targeted by Trump's tariff directive.
The yen JPY=EBS was last 0.27% stronger at 151.94 per dollar, reversing losses from earlier in the session. USD/
A stronger currency makes yen-denominated assets less affordable to overseas buyers. FRX/
The overall raw material supply in overseas production areas has decreased, providing some support to rubber prices, Chinese commodities data provider Longzhong Information said.
Farmers should prepare for crop damage from February 17-22 as the northeast monsoon strengthens, Thailand's meteorological agency said on their website.
The front-month rubber contract on Singapore Exchange's SICOM platform for March delivery STFc1 last traded at 202.8 U.S. cents per kg, down 1%.
($1 = 151.8200 yen)
($1 = 7.2521 Chinese yuan)