Comments
Spot rubber closed marginally higher on Friday. RSS-4 improved to ₹132 (131.50) a kg, according to traders and the Rubber Board.
Supply concerns owing to widespread rains and the absence of genuine sellers in the local trading houses kept the commodity firm during the day. RSS-4 weakened at its August futures to ₹132.50 (133.82) and September to ₹130.80 (131.36) on the National Multi Commodity Exchange (NMCE).
RSS-3 (spot) firmed up to ₹102.09 (101.99) at Bangkok. Its August futures slid to ₹101.32 (101.88) on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (₹/kg): RSS-4: 132 (131.50); RSS-5: 130 (129.50); ISNR 20: 129 (129) and Latex (60% drc): 89 (88.50).
Comments
COMMENT NOW
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.