Spot rubber was in a mixed mood on Friday RSS 4 finished flat at ₹125 per kg according to traders while it improved to ₹125 (124.50) per kg according to the Rubber Board.
The grade firmed up to ₹121 (120.50) per kg as quoted by the Dealers. Meanwhile, RSS 5 and ISNR 20 improved further on enquiries from the general rubber goods sector but latex closed unchanged amidst scattered transactions.
In futures,November contracts weakened to ₹124.89 (126.00) and December to ₹125.66 (127.16) per kg on the Indian Commodity Exchange (ICEX).
RSS 3 (spot) inched up to ₹104.67 (104.60) per kg at Bangkok.November futures declined to ₹99.48 (101.86), December to ₹102.91 (104.42) and January to ₹105.92 (107.04) per kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg): RSS-4: 125(125); RSS-5: 123 (122.50); ISNR 20: 114.50 (113.50) and Latex (60% drc): 95 (95).
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.