Spot rubber strengthened further on rumours that Government would take certain positive measurers to support the growers. The trend was mixed. RSS 4 improved to ₹122 (₹121) a kg, as reported by the traders. The grade was quoted unchanged at ₹121 and ₹118 respectively by the Rubber Board and dealers. May futures increased to ₹123.20 (₹121.07), June to ₹126.15 (₹124.17) and July to ₹128.50 (₹126.15) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹111.75 (₹108.77) at Bangkok. May futures closed at ¥211.4 (₹112.49) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 122 (121); RSS-5: 116 (115); Ungraded: 107 (106); ISNR 20: 105 (105) and Latex (60% drc): 86 (86).
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.