(Rewrites with closing prices, analyst comments)
TOKYO, Dec 25 (Reuters) -
* Japanese rubber futures rose on Wednesday in thin trade, tracking a rally in the Shanghai market on hopes for additional fiscal stimulus in top consumer China while a weaker yen against the U.S. dollar also lent support.
* The Osaka Exchange (OSE) rubber contract for June delivery
finished up 5.6 yen, or 1.53%, at 371.8 yen ($2.36) per kg.
* The rubber contract on the Shanghai Futures Exchange (SHFE) for May delivery rose 185 yuan to finish at 17,705 yuan ($2,426) per metric ton.
* Demand prospects in China got a boost on Tuesday after sources told Reuters that Beijing planned to issue a record 3 trillion yuan ($411 billion) worth of special treasury bonds next year, as authorities ramp up fiscal stimulus to revive a faltering economy.
* "The market experienced a sell-off last week after China's Central Economic Work Conference failed to deliver the expected stimulus, but the decline ran its course and the market rebounded on its own," said Jiong Gu, an analyst at Yutaka Trusty Securities.
* Gu said market liquidity was low as investors in Singapore were away for a holiday.
* The Chinese economic work conference, held Dec. 11-12, repeated pledges to support consumption and growth but offered no details that might boost investor sentiment.
* China will continue its efforts in 2025 to stabilise the real estate market, China Construction News reported, citing a work conference held by the housing regulator.
* The U.S. dollar was quoted around 157.29 yen , compared with around 156.98 yen on Tuesday afternoon. A weaker yen makes yen-denominated assets more affordable when purchased in other currencies.
* The Singapore Exchange was closed on Wednesday for a holiday.
($1 = 157.2100 yen) ($1 = 7.2981 Chinese yuan renminbi)
(Reporting by Yuka Obayashi; Editing by William Mallard and Edmund Klamann)
((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))
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