London – Natural rubber (NR) markets provided mixed signals in the latest ERJ’s snapshot of Far East markets.
The markets were back in full swing following disruptions by the Easter and May Day holidays over the last two weeks.
Spot prices on the Shanghai Futures Exchange (SHFE) were notably stronger over the period 26 April – 10 May, while slight declines were seen in Singapore’s SGX and Kuala Lumpur.
SHFE Ru1909: Yuan 11,510 (10 May) compared to Yuan11,285/tonne (26 April)
Tocom RSS3: Yen195.0/kg compared to Yen190.9/kg
Tocom TSR20: Yen 163.7/kg compared to Yen168.9/kg
SGX TSR20: $1.46/kg compared to $1.48/kg
Kuala Lumpur Latex: $116.64/100kg compared to $120.10/100kg
Kuala Lumpur SMR20: $150.58/100kg compared to $151.85/kg