In addition, commodity shortages observed in Indonesia pushed NR prices higher, as noted by JPX in its weekly trade report published on April 24.
On Japan’s Osaka Stock Exchange, supply contract prices edged up 0.3 percent to $1.54 in September amid moderate trading activity.
Sentiment was more positive in China, where September SCR/RSS futures on the SHFE rose 2.3 percent from the previous week to $1,733.
Also in China, TSR futures prices for July on the INE exchange were $1,412, also up 2.3 percent from the previous week’s close.
In Singapore, SGX SICOM July delivery contracts edged up to $102.86 (USD) as trading volume increased over 50 percent to 21,588 contracts.
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