The domestic rubber markets improved further on Friday. In spot, the prices strengthened mainly following the overall gains in futures. The trend was mixed.
Sheet rubber firmed up to ₹138.50 (₹138.00) a kg, according to traders. The grade improved to ₹139 (₹138) and ₹136 (₹135), according to the Rubber Board and dealers. The August futures improved to ₹140.39 (139.93), September to ₹139.49 (138.75), October to ₹138.70 (₹137.95), November to ₹138.50 (₹137.29) and December to Rs.139.00 (137.70) on the National Multi Commodity Exchange (NMCE).
RSS 3 (spot) slipped to ₹120.57 (120.90) at Bangkok. The August futures edged up to ¥194.2 (₹115.33) a kg on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: ₹138.50 (₹138); RSS-5: 133.50 (₹133); Ungraded: ₹129 (₹128); ISNR 20: ₹117 (₹117.00) and Latex 60%: ₹105(₹105).
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