Rapid NR price recovery continues in Tokyo

ERJ staff report (DS)

Tokyo -- Prices on Tokyo's rubber exchanges continued to rise following last week's sharp falls.

On Tokyo's TOCOM Exchange, prices for the six-month contract closed up about yen 22 at yen 441 ($5.44) per kg on Tuesday 22 March. March contracts finished at yen 449 ($5.53) per kilo.

In Singapore, Sicom said short-dated RSS3 prices closed at around $5.57. Short-dated TSR 20 also jumped, closing just at $5.14

India's NMCE prices also recovered, with April deliveries finishing at around Rs 237 ($5.27) per kilo

Shanghai Futures Exchange inalso, with the highest price recorded at yuan 36.8 ($5.61) per kilo for short-dated contracts. Longer-dated contracts increased slightly, finishing at Yuan 35.

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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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