Tokyo NR prices drop overnight

ERJ staff report (DS)

London — Rubber prices fell further beneath the $4 mark in Tokyo. On Tokyo’s Tocom Exchange, prices for the six-month contract closed down 5 at yen 329 ($3.96) on 22 March. Shorter-dated prices closed down 9, at 309 on Thurssday evening.

In Singapore, the TSR20 contract on SGX closed unchanged at $3.78 for September deliveries on Thursday. April deliveries were also unchanged, at $3.74.

In India, NMCE said April deliveries closed unchanged, fractionally above Rs 200 ($3.90).

In China the…

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