ERJ staff report (DS)
London -- Rubber prices recovered slightly after sharp falls earlier this week, but remained well below $4. The head of the International Rubber Consortium (IRCo) said IRCo would keep prices at $4 levels and is advising member countries Thailand, Indonesia and Malaysia to reduce natural rubber exports.
On Tokyo's Tocom Exchange, prices for the six-month contract closed up yen 5 at yen 284.1 ($3.70) per kg on Friday 21 Oct. Shorter-dated prices rose by just under a yen to close at yen 276.
In Singapore, SGX said RSS3 prices for March delivery closed up $0.05 at $3.90 amid very light trading. TSR20 for delivery in March 2012 closed at $3.82.
In India, NMCE said November deliveries fell by over Rs4 to close at Rs 208.6 ($4.17) per kilo.
In China the Shanghai Futures Exchange saw November deliveries fall by a fraction of a yuan close at Yuan 26.0 ($4.07) per kilo.
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Rubber prices on Tocom (Tokyo)
Prices on SGX (Singapore) (select rubber in the drop-down listing)
Rubber prices on NMCE (India)
Rubber prices on SFE (Shanghai)
Market Watch (10 - 14 Oct. 2011) from IRCo
Daily report on Natural Rubber: 21 Oct 2011 from Geojit Comtrade Limited (India)
International Rubber Prices 21 Oct 2011 from Geojit Comtrade Limited (India)
VNB Blog (Vietnam)
Reuters via Yahoo (Bangkok)
Business recorder (Pakistan / Tokyo)
Commodity Online (India)
Rubber Producers' Group to Advise Member Countries to Slow Exports from Dow Jones via IRCo