NR prices rise after Diwali holiday

ERJ staff report (DS)

London – Rubber prices rose on Wednesday after the Diwali holiday. On Tokyo’s Tocom Exchange, prices for the six-month contract rose by 5 yen to trade at just above yen 248 ($3.10) on Wednesday 14 November. Shorter-dated prices also rose to trade around yen 236 (from 232).

In Singapore, the April 2013 TSR20 contract on SGX was trading up 2 at $2.83 a few minutes before the close on Wednesday evening; December 2012 prices were also trading up 3 at around…

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