NR prices in up-and-down movements
ERJ staff report (DS)
Tokyo -- Prices on Tokyo's rubber exchanges moved sharply upward over the weekend, though forecasters say prices are likely to drop further this week..
On Tokyo's Tocom Exchange, prices for the six-month contract closed up by yen 14 at yen 373 ($4.62) per kg on Monday 9 May. Shorter-dated prices were higher, at around yen 410.
In Singapore, Sicom said short-dated RSS3 closed down by some $0.12 at around $5.10 with longer-dated contracts trading at around $4.65. Short-dated TSR 20 closed down by $0.10 at $4.34
Prices on India's NMCE exchange closed up Rs 6 at Rs 227 ($5.08 per kilo
In China, the Shanghai Futures Exchange saw prices recover by about half a yuan , with May deliveries trading at around Yuan 34.7 ($5.34) per kilo
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Rubber prices on Tocom (Tokyo)
Rubber prices on Sicom (Singapore)
Rubber prices on NMCE (India)
Rubber prices on SFE (Shanghai)
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Spot rubber slips further The Hindu Business Line (India)
Spot rubber improvesIndia Infoline (India)
Rubber prices to slip over 12% in May on higher supply Economic Times (India)
Key tocom rubber futures plunge RubberMarketNews (China)
Rubber to trade soft this week The Star (Malaysia)
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