London – Natural rubber (NR) prices provided a mixed picture over the week to 22 May, as many of the markets covered by ERJ posted improvements.
In Shanghai and Tokyo, rubber futures fell by 1% over the period, while TSR20 futures posted a 3.5% week-on-week gain in Singapore.
NR prices experienced a particularly steep fall over the two months of March and April, weighed down by Covid-19 pandemic, slow demand and low crude oil prices.
Shanghai SHFE ru2009: Yuan 10,190/tonne (22 May) Yuan10,295/tonne (15 May) – down 1%
Tokyo Tocom RSS3 back month: Yen151.5/kg compared to Yen153/kg – down 1%
Tokyo Tocom TSR20 back month: Yen124/kg compared to Yen123.6/kg – up 0.3%
Singapore SGX TSR20: $1.18/kg compared to $1.14/kg – up 3.5%
Kuala Lumpur SMR20: $110.45/kg compared to $109.50/kg – up 0.8%
Kuala Lumpur Latex: $102.99/kg compared to $100.7/kg – up 2.2%