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April 06, 2011 12:00 AM

NR prices ease slightly in Tokyo

ERJ Staff
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    ERJ staff report (DS)

    Tokyo -- Prices on Tokyo's rubber exchanges eased slightly overnight on profit-taking.

    On Tokyo's Tocom Exchange, prices for the six-month contract closed down by yen 2 at yen 459 ($5.39) per kg on Wednesday 6 April. Short-dated contracts were much more expensive, at yen 475 ($5.58)/kg.

    In Singapore, Sicom said short-dated RSS3 prices shot up by $0.13 at around $6.06 on thin trading. Short-dated TSR 20 closed unchanged at $5.21

    India's NMCE prices also moved down slightly, with April deliveries finishing at around Rs 241 ($5.45) per kilo.

    Shanghai's Futures exchange saw prices up again with April deliveries finishing at around Yuan 38.9 ($5.94) per kilo, although longer-dated contracts were significantly lower.


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    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)

    NMCE Rubber plunges on profit selling Commodity Online (India)

    Natural Rubber prices touch Rs 243/kg, highest for 2011 MSN News (India)

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