On the Shanghai Futures Exchange, prices for RU1805—the most heavily traded NR future—stood at $2,174 per metric ton on Dec. 29.
This was lower $2,338 per ton recorded at the beginning of the last month.
On TOCOM, back-month prices for RSS3 materials eased back to $31.86 per kilogram on Dec. 29, having spiked to $32.64 two days earlier.
Overall, though, RSS3 prices registered a month-on-month improvement on the Tokyo exchange—up from $30.75 per kilogram on Nov. 30.
In Bangkok, spot prices for RSS1 grades on Dec. 14 stood at $163.25 per 100 kilograms, up 17 percent compared to $160.40 per 100 kilograms on Nov. 30.
Prices only were available up to Dec. 14 for the Thai futures exchange, with RSS3 closing at $159.70 100 kilograms, up 18 percent from $156.85 at the end of November.
In Kuala Lumpur, prices for SMR-20 were up 6 percent at $145.25 per 100 kilograms on Dec. 29, compared to end of November, although they dropped from a high of $147.30 per 100 kilograms on Dec. 27.
Latex performed less well in Kuala Lumpur, closing 2.7 percent down at $115.60 per 100 kilograms on Dec. 29, compared to $118.90 per100 kilograms on Nov. 30.
In addition, the beginning of the wintering season and the subsequent lower production levels also could help to push up prices.
- Rubber News