NR prices drift upwards

ERJ staff report (DS)

London – Rubber prices moved slightly upwards overnight. On Tokyo’s Tocom Exchange, prices for the six-month contract were up by less than a yen at just above yen 248 ($3.09) on Wednesday 07 November. Shorter-dated prices were unchanged and closed at yen 238 (from 238).

In Singapore, the April 2013 TSR20 contract on SGX was trading up a cent at $2.83 a few minutes before the close on Wednesday evening; December 2012 prices were also trading slightly up at around at $2.78.

In…

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