NR prices drop to $5 or below

ERJ staff report (DS)

Tokyo -- Prices on international rubber exchanges continued to ease overnight.

On Tokyo's TOCOM Exchange, prices for the six-month contract eased by yen 5, to yen 415.1 ($5.01) per kilo on Wednesday 9 March.

In Singapore, Sicom said short-dated RSS3 prices closed down over $0.30 at $5.45 on minimal trading, after falling as low as $5.12. Short-dated TSR 20 fell almost $0.50 to close at $4.53

India's NMCE saw prices fall, finishing around Rs 220 ($4.88) per kilo

Shanghai Future Exchange plummeted, with the highest price recorded at yuan 37.8 ($5.76) per kilo for short-dated contracts, down significantly on last week's numbers. Longer-dated contracts were priced around Yuan 36

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Rubber prices on Tocom (Tokyo)

Rubber prices on Sicom (Singapore)

Rubber prices on NMCE (India)

Rubber prices on SFE (Shanghai)

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