Rubber Price Monitor: Mixed picture

London – Natural rubber (NR) prices remained depressed for the week to 29 May, despite some of the Far East markets monitored by ERJ showing signs of improvement.

Natural rubber futures closed slightly lower on the Shanghai Futures Exchange, posting a 0.2% week-on-week decline.

Shanghai SHFE ru2009: Yuan10,165/tonne (29 May) compared to Yuan 10,190/tonne (22 May) – down 0.2%

Tokyo Tocom RSS3 back month: Yen153.5/kg compared to Yen151.5/kg – up 1.3%

Tokyo Tocom TSR20 back month: Yen124/kg compared to Yen124/kg – 0%

Singapore SGX TSR20: $1.16/kg compared to $1.18/kg – down 1.7%

Kuala Lumpur SMR20: $111.90/kg compared to $110.45/kg– up 1.3%

Kuala Lumpur Latex: $104.57/kg compared to $102.99/kg – up 1.5%