Spot rubber showed a mixed trend on Friday. RSS 4 continued to rule steady at ₹134 a kg, according to traders and the Rubber Board. The grade closed unchanged at ₹131 as reported by the dealers, while RSS 5 and ISNR 20 finished lower on buyer resistance.
October futures concluded at ₹133.48 (134.03), November at ₹133.01 (133.71), December at ₹134.50 (134.39) and January at ₹135 (135) on NMCE. RSS 3 (spot) dropped to ₹114.34 (116.18) at Bangkok. September futures slid to ₹119.94 (120.41) on the TOCOM. Spot rates (₹/kg): RSS-4: 134 (134); RSS-5: 131 (132); ISNR 20: 117.50 (119) and Latex (60% drc): 85 (85).
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.