NR prices remain low despite supply concerns

London – Natural rubber prices remained weak in November, although a shortage of supply as a result of heavy rains was expected to push up the prices in global markets.

rubber-prices-oct-17An ERJ’s analysis of Far East markets showed little change between closing prices during November, despite some signs of recovery at the beginning of the month.

On the Shanghai Futures Exchange, prices for RU1801 – the most heavily traded NR future –  stood at Yuan13,505/tonne on 30 Nov.


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