NR prices fall below yen 400

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.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Rubber prices on Tocom (Tokyo)

Rubber prices on Sicom (Singapore)

Rubber prices on NMCE (India)

Rubber prices on SFE (Shanghai)

----

Spot rubber improves on covering buys The Hindu Business Line (India)

NMCE Rubber ends down on global cues Commodity Online (India)

Tokyo gold futures pare losses after quake, rubber unmoved Reuters (Japan)

Asian rubber extends fall; technical, fundamental concerns weigh Daily Mirror (Sri Lanka)

There is a danger if high commodity prices prolong The Star (Malaysia)