NR prices rebound

Tokyo -- Prices on Tokyo’s rubber exchanges rose once more overnight.

On Tokyo's Tocom Exchange, prices for the six-month contract increased by about yen 8, trading at yen 388 ($4.73) per kg on Wednesday 25 May. Shorter-dated prices remained unchanged, trading at around 412.

In Singapore, SGX said short-dated RSS3 were trading up by 2 cents at around $5.10 with longer-dated contracts down slightly at around $4.89. Short-dated TSR 20 was trading up at $4.54.

In India, the NMCE saw June deliveries rise by Rs 2, to close at around Rs219 ($4.82) per kilo

In China, the Shanghai Futures Exchange also saw prices rise by a fraction of a yuan, with June deliveries trading at around Yuan 34.5 ($5.31) per kilo

Source: http://www.european-rubber-journal.com/fullitem.aspx?id=115676