Agri Business

Latex up on short supplies

Our Correspondent Kottayam | Updated on January 23, 2018 Published on May 22, 2015

Spot rubber continued to rule almost unchanged on Friday. RSS 4 was steady at ₹125 per kg, according to traders and the Rubber Board. The grade was quoted at ₹122 by dealers.

The trend was partially mixed as latex improved sharply on extremely low supplies.

June futures improved to ₹126.50 (126.07), July to ₹128.79 (128.10) and August to ₹128.60 (128.19) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹117.78 (117.36) a kg at Bangkok.

May futures weakened to ¥207.3 (₹108.99) on the Tokyo Commodity Exchange.

Spot rubber rates (₹/kg): RSS-4: 125 (125); RSS-5: 122 (122); Ungraded: 114 (114); ISNR 20: 113 (113) and Latex 60%: 103 (98).

Published on May 22, 2015
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