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…

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