ERJ staff report (DS)
London -- NR prices jumped higher in Shanghai and elsewhere today.
In Tokyo, Tocom's benchmark six-month price jumped to a high of yen 475, before closing at Yen 474.9 ($5.77 per kilo) during afternoon trading on 20 January.
In Singapore short-dated RSS3 saw closed at a high of $5.74, up by around 12 cents on yesterday's close. Short-dated TSR20 also jumped to $5.48/kg before closing 10 points higher at around $5.47.
Indian prices on the NMCE (National Multi-Commodity Exchange) also rose, just touching a high of Rs 259.8 ($5.70)/kg for May delivery, before falling back to close at Rs 250.3.
Chinese prices on the Shanghai Futures Exchange broke through Yuan 40 ($6.07)/kg for March, April and May deliveries.
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Rubber prices on Tocom (Tokyo)
Rubber prices on Sicom (Singapore)
Rubber prices on NMCE (India)
Rubber prices on SFE (Shanghai)
Short supply fears in rubber overriding price rise The Hindu Business Line (India)
Sheet rubber hits Rs 227/kg on short covering The Hindu Business Line (India)
Rubber Drops as Investors Lock in Profits After Record Rally Bloomberg (Japan)
India rubber prices may climb on auto sector demand Commodity Online (India)
Rise in spot rubber prices India infoline (India)
Tokyo, Shanghai rubber hit records Business recorder (Pakistan / India)