ERJ staff report (DS)
Tokyo - Prices on Tokyo's TOCOM exchange reached Yen 342.8 / kg ($3.15) on Friday. Albeit for one-month contracts. The benchmark six-month contract was six percent lower, at Yen 32 lower, at around yen 320.
Meanwhile in India, prices hit record highs once more, at over Rs 142/kg ($3.24/kg). â€œThere is no rubber in the market and I expect RSS 4 to break its lifetime high in the succeeding sessionsâ€, said an observer, quoted in the local press.
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Tocom prices (Tokyo)
Sicom prices (Singapore)
Spot rubber hits new high of Rs 142/kg The Hindu Business Line (India)