NR prices 17 August

ERJ staff report (DS)

London -- International Rubber Consortium Chief Secretary Yium Tavarolit said NR prices in Tokyo are unlikely to fall below yen 360 ($4.70) per kilo. The report came from Dow Jones, but was re-published on IRCo's own website.

Dow Jones said, "Yium said that despite price volatility recently, prices are at acceptable levels for both producers and consumers. He added that price levels should stay around the $4.50-$5/kg level this year. Spot rubber is being offered well above $4.50/kg--down sharply from record levels well above $6/kg in February, when benchmark Tocom rubber was trading above Y500/kg. "

On Tokyo's Tocom Exchange, prices for the six-month contract rose by about two yen overnight, trading at yen 362 ($4.73) per kg on Wednesday 17 August. Shorter-dated prices also rose slightly, to close at yen 356.

In Singapore, SGX saw November 2011 contracts priced around $4.64. Short-dated RSS3 was trading higher than Tuesday at $4.64. TSR20 prices for November delivery were trading around $4.55, down by $0.10 on Tuesday's prices.

In India, the NMCE saw September deliveries close below Rs 200 at around Rs 198.6 ($4.37) per kilo

In China, the Shanghai Futures Exchange saw prices rise by a fraction of a yuan, with September deliveries trading at around Yuan 33.7 ($5.28) per kilo

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Rubber prices on Tocom (Tokyo)

Prices on SGX (select rubber in the drop-down listing) (Singapore) (Previous Sicom contracts)

Rubber prices on NMCE (India)

Rubber prices on SFE (Shanghai)

IRCo Weekly market watch (8 - 12 August 2011) from IRCo

Tocom Rubber to Stay Supported at Y360/Kg in 3rd Quarter - Dow Jones from IRCo

Asian Rubber Ends Down; IRCo Tips Y360/Kg Tocom Support 3rd Quarter - Dow Jones from IRCo

Daily report on Natural Rubber: Aug 17, 2011 from Geojit Comtrade Limited (India)

Market report of natural rubber in China on Aug 17, 2011
Chem99 via RubberMarketNews (China / India)