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March 24, 2011 12:00 AM

NR prices in mixed moves

ERJ Staff
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    ERJ staff report (DS)

    Tokyo -- Prices on Tokyo's rubber exchanges continued to ease on selling pressure. Other markets moved upwards, however.

    On Tokyo's TOCOM Exchange, prices for the six-month contract closed down about yen 14 at yen 424 ($5.24) per kg on Thursday 24 March. March contracts finished up by 10 yen at yen 455 ($5.62) per kilo.

    In Singapore, Sicom said short-dated RSS3 prices closed at around $5.72, up by $0.18 on yesterday. Short-dated TSR 20 eased, closing at $5.09

    India's NMCE prices also eased, with April deliveries finishing at around Rs 223 ($4.98) per kilo

    Shanghai Futures Exchange increased, with the highest price recorded at yuan 37.6 ($5.73) per kilo for short-dated contracts. Longer-dated contracts increased slightly, finishing at 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)

    ----

    NMCE Rubber plunges on active selling

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