Thursday, May 5, 2011

NR Prices Unchanged In Tokyo

Prices on Tokyo’s rubber exchanges barely moved ovenight.

On Tokyo's Tocom Exchange, prices for the six-month contract at yen 386.8 ($4.78) per kg on Wednesday 4 May. Shorter-dated prices were higher, at around yen 420.

In Singapore, Sicom said short-dated RSS3 closed down by some $0.02 at around $5.41, with longer-dated contracts trading below $5.00 on thin trading. Short-dated TSR 20 closed down by $0.02 at $4.57

Prices on India's NMCE exchange closed unchanged down at Rs 232 ($5.22) per kilo

In China, the Shanghai Futures Exchange saw prices fall, with May deliveries seeing highs at around Yuan 35.5 ($5.47) per kilo

(European Rubber Journal, May 4, 2011)

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