Commodities

Mixed trend in rubber

Our Correspondent Kottayam | Updated on June 05, 2020 Published on June 05, 2020

Spot rubber showed a mixed trend on Friday. RSS 4 continued to remain unchanged at ₹120 a kg, according to traders and the.Rubber Board. The grade managed to sustain at the prevailing levels despite dull demand following a firm closing in domestic futures and global trend setters. Meanwhile, RSS 5 and Latex finished higher on moderate enquiries from the general rubber goods sector.

June futures recovered marginally to ₹120.21 (119.46) and July to ₹123.86 (122.19) per kg on the Indian Commodity Exchange (ICEX). June contracts were up by 0.63 per cent with a volume of 81 lots and total trade value of ₹97.57 Lakhs.

RSS 3 (spot) firmed up to ₹110.64 (109.67) per kg at Bangkok. Its June futures improved to ₹92.40 ( 90.07) and July to ₹98.35 (96.39) per kg on the Tokyo Commodity Exchange (TOCOM). SMR 20 concluded at ₹87.15 (85.72) and Latex 60 per cent at ₹84.55 (83.46) per kg at Kualalumpur.

Spot rubber rates (₹/kg) were: RSS-4: 120 (120); RSS-5: 116 (115); ISNR 20: 105 (105) and Latex (60 per cent drc): 86.50 (85.50). Our Correspondent,

Published on June 05, 2020
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