NR prices drift higher overnight

ERJ staff report (DS)

London – Rubber prices moved a little higher during Wednesday’s trading. On Tokyo’s Tocom Exchange, prices for the six-month contract moved up slightly to trade at just below yen 258 ($3.14) on Wednesday 21 November. Shorter-dated prices were up strongly by 7 yen, trading around yen 248 (from 241).

In Singapore, the May 2013 TSR20 contract on SGX was trading slightly up at just below $2.88 in late trading on Wednesday evening; December 2012 prices were also little changed at…

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