ERJ staff report (DS)
London -- Natural rubber prices continue to test the highs. In India, prices are at all-time highs, while prices on Tokyo's TOCOM exchange hit Yen 330/kg ($3.17) at the close. The six-month contract closed at this level, while shorter-dated contracts closed a little lower.
In Singapore, prices continued to rise, with short-dated TSR20 up by around $0.05 to $3.09.
In India, with futures trading suspended, local press reported spot prices hit all-time highs on Thursday. RSS4 closed at Rs 124.5 ($2.917)/kg.
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TOCOM price charts from Tokyo
SICOM price charts from Singapore
Tokyo rubber soars to highest since Sept 1980 Reuters (Tokyo)
Spot rubber prices improve The Hindu Business Line (India)
Rubber Futures Surge on Oil Gains, Outlook for China's Demand Bloomberg (Japan)