NR prices resume downward trend; stay above $3
ERJ staff report (DS)
London - Rubber prices resumed their downward trend on Tuesday. On Tokyo's Tocom Exchange, the six-month contract was trading down 3 yen at yen 240 ($3.01) on Tuesday 12 June. Shorter-dated prices were less affected by the positive sentiment, trading down 2 at yen 246 on Tuesday evening.
In Singapore, the TSR20 contract on SGX was trading down a cent at $2.86 for December deliveries on Tuesday; July prices were weaker, trading down 4 cents at $2.82.
In India, NMCE said June prices were down by 3 rupees at Rs 183 ($3.27). July prices also fell by a rupee to close at Rs 185
In China the Shanghai Futures Exchange contract for June closed down 0.3 at Yuan 22.9 ($3.59) per kilo on Tuesday. July prices were also lower, at yuan 22.7.
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. ERJis not responsible for the content of external sites.
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 (4 - 8 June 2012) from IRCo
Daily report on Natural Rubber: 12 June 2012 from Geojit Comtrade Limited (India)
International Rubber Prices 12 June 2012 from Geojit Comtrade Limited (India)
Natural Rubber Prices in Thailand, Vietnam, Indonesia, India and elsewhere
VNB Blog (Vietnam)
Asian physical rubber prices - June 12
Reuters via Yahoo (Thailand)
-
Lack of buyers saps spot rubber The Hindu Business Line (India)
Tokyo rubber climbs Business Recorder (Pakistan / Tokyo)
China's Economy Shows Strength IRCo (Thailand)
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