NR continues upward trend

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). “There is no rubber in the market and I expect RSS 4 to break its lifetime high in the succeeding sessions”, 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)