London – Natural rubber (NR) prices offered a mixed picture over the recent weeks, with markets generally subdued due to slow demand caused by Covid-19 pandemic.
In Shanghai and Tokyo, most active NR contracts for September delivery saw marginal improvements during the two weeks to 24 July.
Latex prices on the Kuala Lumpur Stock Exchange continued their downward trend, registering a 2.2% decline over the two-week period, according to ERJ’s snapshot of Far East markets.
Shanghai SHFE ru2009: Yuan10,535 (24 July) compared to Yuan 10,495/tonne (10 July) – up 0.4%
Tokyo Tocom RSS3 back month*: Yen159.0/kg compared to Yen155.1/kg – up 2.5%
Tokyo Tocom TSR20 back month*: Yen130/kg compared to Yen131/kg – down 0.8%
Singapore SGX TSR20: $1.19/kg compared to $1.25/kg – down 4.8%
Kuala Lumpur SMR20: $119.85/kg compared to $119.10/kg – up 0.6%
Kuala Lumpur Latex: $109.10/kg compared to $111.60/kg – down 2.2%
* Tocom figures reflect September delivery prices at the end of business on 23 July.