Physical rubber prices were in a mixed trend on Thursday. RSS 4 finished flat at Rs.130.00 and Rs.129.00 per kg respectively according to traders and the Rubber Board. The grade was quoted steady at Rs.125.00 per kg by Dealers. There were no genuine sellers or buyers on sheet rubber during late trading hours but RSS 5 and ISNR 20 improved further on enquiries from the non tyre sector.
In futures, the November contracts weakened to Rs.127.50 (128.31), December to Rs. 128.08 (129.54) and January to Rs.130.02 (131.89) per kg on the Indian Commodity Exchange (ICEX).
RSS 3 (spot) closed marginally higher at Rs.107.74 (107.14) per kg at Bangkok. The November futures improved to Rs.107.84 (107.78), December to Rs.110.03 (109.28) and January to Rs. 112.02 (111.02) per kg on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (Rs/kg) were:
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.