Agri Business

Mixed trend in spot rubber

Our Correspondent Kottayam | Updated on May 15, 2018 Published on May 15, 2018

Spot rubber closed unchanged amidst dull volumes . RSS-4 was steady at ₹123 a kg, according to traders and the Rubber Board. The grade finished flat at ₹119 as quoted by the dealers. The trend was partially mixed as ISNR 20 continued to rule firm on enquiries from the non-tyre sector. May futures concluded at ₹123.50 (123.54), June at ₹126.90 (126.38) and July at ₹129.30 (128.68) on the National Multi Commodity Exchange (NMCE). RSS-3 (spot) improved to ₹119 (118.03) at Bangkok. May futures weakened to ₹109.39 (110.42) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg): RSS-4: 123 (123); RSS-5: 121 (121); ISNR 20: 119.50 (118.50) and Latex (60% drc): 86.50 (86.50).

Published on May 15, 2018
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