Agri Business

Spot rubber rules weak

Our Correspondent Kottayam | Updated on November 12, 2018 Published on November 12, 2018

Spot rubber continued to rule weak on Monday. RSS 4 dropped to ₹123 (123.50) a kg, according to traders and the Rubber Board. The market managed to sustain at the prevailing levels on enquiries from the tyre sector. November futures improved to ₹123 (122.92)on the Indian Commodity Exchange (ICEX). RSS 3 (spot) slid to ₹99.09 (100.01) at Bangkok. Its November futures declined to ₹88.02 (88.62) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 123 (123.50); RSS-5: 118 (118.50); ISNR 20: 112 (112.50) and Latex (60% drc): 83.50 (83.50).

Published on November 12, 2018
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