ERJ staff report (DS)
London – Rubber prices rose strongly overnight. On Tokyo’s Tocom Exchange, prices for the six-month contract were trading up by around 4 percent at just above yen 262 ($3.27) in late trading on Thursday 25 October. Shorter-dated prices were trading up more strongly at around yen 255 from yen 238.
In Singapore, the April 2013 TSR20 contract on SGX was trading up by 6 cents at $2.96 in late trading on Thursday evening; November 2012 prices were 7 cents higher at $2.89.