Asian Rubber Futures End Mixed With Few Drivers

Rubber prices across Asia remained mixed Friday as prices in China remained under pressure, while the Tocom notched a move to the topside.

Concerns remained about rubber fundamentals in the market including the level of stocks, but a lack of fresh news left prices in their recent range.

The Tocom rubber contract for April delivery finished 2.1 yen higher at Y158.2($1.29) a kilogram Friday. The Tokyo Commodity Markets will be closed Monday due to a national holiday in Japan.

However, the Tocom rubber futures contract ended down Y1.9 a kilogram to Y157.8 in the night session, which is considered part of the next trading day.

KSE-100 gains over 4,400 points as buying momentum continues

                        Nov 20              Change from previous close

Tocom    Apr RSS3       Y159.7/Kg           Up Y2.1
Shanghai Jan SCR5       CNY 10,330/Ton      Down CNY10/ton
Thai     Jun RSS3       THB47.20/Kg         Up THB0.70
Sicom    Feb RSS3       US 125.4 Cents/Kg   Up US 0.4 Cents/Kg
Sicom    Feb TSR 20     US 115.0 Cents/Kg   Down US 0.6 Cents/Kg


Asian Physical Rubber
Grade Shipment   Nov 20      Nov 19

RSS3  Dec/Jan    121/122     122/123
STR20 Dec/Jan    120/121     120/121
SMR20 Dec/Jan    120/121     120/121
SIR20 Dec/Jan    117/118     117/118
SVR3L Dec        117/118     117/118

 USS      Nov  THB37.44-THB38.22/Kg          THB37.78-THB38.19/Kg