ERJ staff report (DS)
Tokyo - Short-dated rubber contracts in Tokyo were trading well above yen 400 ($4.35) per kilo today. The benchmark 6-month contract was lower, at yen 313 ($3.40). Contracts for delivery this month were trading at the record highs, but fell back during the day on broader financial concerns, closing just above the Yen 400 mark.
In Singapore, Sicom saw RSS3 for May delivery close at $4.11/kilo, while September deliveries were prices closer to $3.45.
NMCE in India saw prices closer to Rs 170/kg ($3.81) for June delivery.
Thai rubber fell back from prices above $4.00/kg.
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Prices on Tocom (Tokyo)
Prices on Sicom (Singapore)
Prices on NMCE(India)
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