RSS 4 improved to ₹117.50 (116) a kg, according to traders. The grade was unchanged at ₹117 and ₹114 a kg respectively, as quoted by the Rubber Board and dealers. According to observers, the market improved mainly on covering purchases at lower levels. There were no enquires from the tyre sector but supply concerns kept the commodity firm during late trading hours. December futures improved to ₹116 (115.73), January to ₹115.95 (115.86) and February to ₹116.68 (115.80) on the National Multi Commodity Exchange. RSS 3 (spot) slid to ₹101.82 (101.89) at Bangkok. November futures closed at ¥188.8 (₹98.99) a kg on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 117.50 (116); RSS-5: 111.50 (111); Ungraded: 106 (106); ISNR 20: 102 (102) and Latex 60%: 82 (80).
COMMENT NOW
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.