NR prices creep upwards ahead of weekend

ERJ staff report (DS)

London – Rubber prices moved slightly down overnight. On Tokyo’s Tocom Exchange, prices for the six-month contract rose by nearly 2 yen to trade at just below yen 246 ($3.10) on Friday 09 November. Shorter-dated prices also rose to trade around yen 234 (from 233).

In Singapore, the April 2013 TSR20 contract on SGX was trading up 2 cents at $2.81 a few minutes before the close on Friday evening; December 2012 prices were trading level at around at $2.76 (from $2.76).

In…

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