Natural rubber price rally continues apace

London – Natural rubber (NR) prices are continuing to gain momentum in a rally that started two months ago, ERJ’s latest snapshot of market trends in Asia shows.

On the Shanghai Futures Exchange (SHFE), the closing price for the most heavily traded NR future 1701 was Yuan15,115/tonne  on 9 Nov. This was 5.1% above its level of about a month ago (14 Oct).

In Bangkok, meanwhile, prices for RSS1 and RSS3 grades increased by 5.8% and 5.0% – to $181.05/100kg and $177.80/100kg – respectively between 7 Oct and 9 Nov. Kuala Lumpur…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with