NR prices stabilise after yesterday’s falls

ERJ staff report (DS)

London – Rubber prices recovered somewhat overnight. On Tokyo’s Tocom Exchange, prices for the six-month contract closed up 2 at just below yen 248 ($3.09) on Tuesday 06 November. Shorter-dated prices also rose fractionally to closed at yen 238 (from 237).

In Singapore, the April 2013 TSR20 contract on SGX was trading up 2 cents at $2.82 a few minutes before the close on Tuesday evening; December 2012 prices were trading unchanged at around at $2.77.

In India, NMCE said November prices…

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