Mixed trend in rubber

Updated - January 08, 2018 at 11:45 PM.

A dried drop of latex hangs from a spout on a rubber tree at a plantation adjacent to the Thai Hua Rubber Pcl factory in Samnuktong, Rayong province, Thailand, on Wednesday, Jan. 29, 2014. Rubber production in Thailand, the world's largest exporter, may decline as growers from the main producing regions join protests seeking to overthrow the government, according to Von Bundit Co. Photographer: Dario Pignatelli/Bloomberg

Spot rubber prices showed a mixed trend on Thursday. RSS-4 finished flat at ₹128 a kg, according to traders and the Rubber Board. The grade was quoted steady at ₹125 by dealers.

November futures closed at ₹126.31 (126.42), December at ₹126 (125.99) and January at ₹127.25 (127.12) on the NMCE. RSS-3 November futures declined to ¥195.7 (₹111.65) from ¥196.8 (112.28) on the TOCOM. Spot rubber rates (₹/kg): RSS-4: 128 (128); RSS-5: 125.50 (126); ISNR 20: 108.50 (109) and Latex (60% drc): 82 (82).

Published on October 26, 2017 16:29