Tokyo NR prices sink below $5 over weekend
ERJ staff report (DS)
Tokyo -- Prices on Tokyo's rubber exchanges moved downward over the weekend.
On Tokyo's Tocom Exchange, prices for the six-month contract closed down about yen 28 at yen 405 ($4.95) per kg on Monday 28 March. April contracts finished down by 20 yen at yen 423 ($5.17) per kilo.
In Singapore, Sicom said short-dated RSS3 prices closed level at around $5.65. Short-dated TSR 20 also remained unchanged, closing at $5.13
India's NMCE prices increased, with April deliveries finishing at around Rs 226 ($5.08) per kilo
Shanghai Futures Exchange also moved down, with the highest price recorded at yuan 36.8 ($5.60) per kilo for short-dated contracts. Longer-dated contracts also moved down, finishing at around Yuan 35.
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)
Rubber expected to continue uptrend this week The Star (Malaysia)
NMCE Rubber ends higher on short covering Commodity Online (India)
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive