Downtrend in spot rubber

Our Correspondent Kottayam | Updated on October 03, 2019 Published on October 03, 2019

Spot rubber surrendered on Thursday. RSS 4 weakened to ₹122 (123.50) a kg, according to traders and the Rubber Board. The market lost further tracking the declines in domestic futures and international trendsetters. October futures dropped to ₹121.25 (124.39) per kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) dropped to ₹101.13 (103.10) per kg at Bangkok. October futures weakened to ₹ 98.38 (100.67) per kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) : RSS-4: 122 (123.50); RSS-5: 119 (121.50); ISNR 20: 105 (105.50) and Latex (60% drc): 108 (108.75).

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Published on October 03, 2019
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