NR prices creep upwards

ERJ staff report (DS)

Tokyo -- Prices on Tokyo's rubber exchanges crept upwards overnight.

On Tokyo's TOCOM Exchange, prices for the six-month contract closed up about yen 8 at yen 433 ($5.35) per kg on Friday 25 March. March contracts finished down by 15 yen at yen 440 ($5.44) per kilo.

In Singapore, Sicom said short-dated RSS3 prices closed at around $5.65, down by $0.07on yesterday. Short-dated TSR 20 rose slightly, closing at $5.13

India's NMCE prices were unmoved, with April deliveries finishing at around Rs 223 ($4.99) per kilo

Shanghai Futures Exchange also remained unchanged, with the highest price recorded at yuan 37.6 ($5.73) per kilo for short-dated contracts. Longer-dated contracts also remained largely unchanged, finishing at Yuan 36.

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 rules steady The Hindu Business Line (India)

Japan's earthquake and tsunami pulls down Vietnamese rubber price People's Daily (China)

NMCE Rubber tumbles on extended selling Commodity Online (India)

Rubber prices up in Srilanka; $5/kilo projected for next year or two Commodity Online (India)

Rubber Declines on Concern Demand May Fall Amid China Policy Tightening Bloomberg (China)