ERJ staff report (DS)
Tokyo -- Prices on international rubber exchanges dropped rapidly overnight.
On Tokyo's TOCOM Exchange, prices for the six-month contract dropped sharply once more, closing down about yen 25 at yen 390.8 ($4.72) per kilo on Friday 11 March.
In Singapore, Sicom said short-dated RSS3 prices also moved down, closing at $5.18 on minimal trading, after falling as low as $4.80. Short-dated TSR 20 increased, however to close at $4.57
India's NMCE prices also fell, with March deliveries finishing down around Rs 5 at around Rs 215 ($4.75) per kilo
Shanghai Future Exchange also eased , with the highest price recorded at yuan 37 ($5.62) per kilo for short-dated contracts, down slightly on yesterday's numbers. Longer-dated contracts were priced around Yuan 35, down 3 percent on yesterday.
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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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