ERJ staff report (DS)
Tokyo -- Prices on Tokyo's rubber exchanges moved sharply downward overnight..
On Tokyo's Tocom Exchange, prices for the six-month contract closed down by yen 24 at yen 359 ($4.43 per kg on Thursday 12 May. Shorter-dated prices were higher, but still closed below 400.
In Singapore, Sicom said short-dated RSS3 closed up by some $0.06 at around $5.11 with longer-dated contracts trading unchanged at around $4.88. Short-dated TSR 20 closed up by $0.08 at $4.52
Prices on India's NMCE exchange closed down by Rs 1 at Rs 229 ($5.09 per kilo
In China, the Shanghai Futures Exchange saw prices recover by about half a yuan , with May deliveries trading at around Yuan 34.2 ($5.26) per kilo
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 down on global cues The Hindu Business Line (India)
Spot rubber down India Infoline (India)
Rising India consumption to provide firm support for rubber prices Commodity Online (India)
