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Spot rubber closed unchanged on Monday. According to sources, there were no buyers in the local markets but the commodity managed to sustain at the prevailing levels due to acute short supplies.
RSS 4 finished flat at ₹130 a kg, according to traders. The grade slipped to ₹130 (130.50) and ₹127 (127.50) respectively, according to Rubber Board and the dealers. July futures weakened to ₹130.74 (131.61), August to ₹131.75 (132.63) and September to ₹132.25 (133.53) on the National Multi Commodity Exchange. RSS 3 (spot) declined to ₹112.61 (114.09) a kg at Bangkok. July futures dropped further to ¥ 210 (₹109.14) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: 130 (130); RSS-5: 128 (128); Ungraded: 117.50 (117.50); ISNR 20: 120 (120.50) and Latex 60%: 118 (118).
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