Cambodian
natural rubber prices rose by about 20% in May 2015 compared to May 2014 as a
result of major producers reducing natural rubber supply to the international
market.
The U.S. International Trade Commission will
hold a meeting at its headquarters 9th June on the final phase of antidumping
and countervailing duty investigations of passenger and light truck tyres
imported from China.
The benchmark RSS4 grade rubber closed at `.128
a kg at Kottayam, while Malaysian SMR20 closed at `.103.77
a kg. On National Multi Commodity Exchange June 2015 futures closed at `.128.62
a kg, July at `.133.58 and August at `.134.52 a kg. On
Tokyo Commodity Exchange, June 2015 futures series closed at ¥231.3 a kg, July
at ¥232.1, August at ¥234.6, September at ¥236.8 October at ¥240.3 and the
contract for delivery in November 2015 closed at ¥243.8 a kg. On Tuesday, most
probably Tocom futures contract for delivery in November 2015 may trade in the range
of ¥241 & ¥247 a kg.
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