London –Natural rubber (NR) futures witnessed sharp week-on-week declines as the market reacted to a potential delay in the implementation of the European Deforestation Regulation (EUDR). (ERJ report)
During the trading week ending 11 Oct, all major Far East exchanges fell sharply, triggered by the potential 12-month delay, which prompted “long liquidations and speculative selling.”
Selected NR futures price trends on major trading exchanges
| Exchange | Commodity | Delivery | Week to 4/10/24 | Week to 11/10/24 | % Change |
| Osaka | RSS3 | Jan ‘25 | 398.7 (JPY) | 386.5 (JPY) | -3.1% |
| SHFE | SCR/RSS | Jan ‘25 | 19,135 (CNY) | 17,950 (CNY) | -6.6% |
| INE | TSR | Dec ‘24 | 14,815 (CNY) | 13,940 (CNY) | -5.9% |
| SICOM | TSR20 | Jan ’25 | 201.8 (US$c) | 199.6 (US$c) |
-1.1% |
