ERJ staff report (DS)
London -- Prices of natural rubber around the world are still on the rise. IRCo, the International Rubber Consortium, notes that the recent price rises come on the back of fears of shortages, and says rains in Thailand will continue to restrict supply.
In Tokyo, Tocom's benchmark six-month price eased slightly, to a high of Yen 435 ($5.20 per kilo) during afternoon trading on 7 January.
In Singapore RSS3 saw highs around $5.30/kg on Friday, up by about 5 cents from yesterday, while short-dated TSR20 was reached a remarkable $5.21/kg
Indian prices on the NMCE (National Multi-Commodity Exchange) just touched a high of Rs 235 ($5.17)/kg once more.
Shanghai prices, usually the world's highest, reached Yuan 38.4 ($5.80) per kilo.
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IRCo blog (IRCo)
Rubber prices on Tocom (Tokyo)
Rubber prices on Sicom (Singapore)
Rubber prices on NMCE (India)
Rubber prices on SFE (Shanghai)
Rubber stretches gains on global cues The Hindu Business Line (India)
Rubber prices soar to record high Daily Mirror (Sri Lanka)
Rise in spot rubber prices India Infoline (India)
Rubber hits record on AFET Bangkok Post (Thailand)
Rubber prices hit record high on overseas rally Business Standard (India)