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…

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