Tokyo NR : more records fall as prices rise further

ERJ staff report (DS)

London -- Rubber prices jumped to new all-time highs on Tuesday on supply fears.

In Tokyo, Tocom's benchmark six-month price touched its record high of yen 522.5 ($6.25) before closing at yen 519.3 ($6.21) per kg, after afternoon trading on Tuesday 15 Feb. contracts for March delivery rose above Yen 534 ($6.41)

In Singapore short-dated RSS3 rose to a high of $6.39 before falling to $6.38 at the close, up by around ? cents on last week's close. Short-dated TSR20 also closed up slightly at $5.75/kg .

Indian prices on the NMCE (National Multi-Commodity Exchange) rose slightly, closing at Rs 257.7 ($5.?66)/kg for May delivery.

Chinese prices on the Shanghai Futures Exchange (SFE) eased very slightly, with some May contracts trading at yuan 43.0/kg ($6.52).

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Rubber prices on Tocom (Tokyo)

Rubber prices on Sicom (Singapore)

Rubber prices on NMCE (India)

Rubber prices on SFE (Shanghai)

Press release from source