Downtrend in spot rubber

Our Correspondent Kottayam | Updated 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).

Published on October 03, 2019

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like