Friday, May 27, 2011

NR prices remain unchanged

Tokyo -- Prices on Tokyo’s rubber exchanges eased slightly overnight.

On Tokyo's Tocom Exchange, prices for the six-month contract eased by about yen 1, trading at yen 387 ($4.73) per kg on Thursday 26 May. Shorter-dated prices moved up slightly, trading at around 413.

In Singapore, SGX said short-dated RSS3 were trading up by 4 cents at around $5.14 with longer-dated contracts up by around $0.10 at around $4.98. Short-dated TSR 20 was trading up at $4.60.

In India, the NMCE saw June deliveries ease slightly, to close at around Rs218.4 ($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 34.8 ($5.36) per kilo.

Source: http://www.european-rubber-journal.com//fullitem.aspx?id=115705

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