Mixed trend in spot rubber

Updated - January 08, 2018 at 06:51 PM.

KOTTAYAM, KERALA, 26/07/2016: Rising rubber price has brought cheer to farmers with small holdings and they have begun to use rainguards during the monsoon in Kottayam district. Photo: H. Vibhu

Spot rubber market showed a mixed trend on Wednesday. RSS 4 was traded unchanged at ₹134 a kg. The grade weakened to ₹134 (₹134.50) and ₹131 (₹131.50) a kg respectively, according to the Rubber Board and dealers.

October futures improved to ₹134.70 (133.93), November to ₹131.91 (131.18), December to ₹132.56 (132.50) and January to 133.80 (133.33) on the NMCE. RSS 3 (spot) firmed up to ₹113.52 (112.53) at Bangkok. October futures improved to ₹120.35 (120.31) on the TOCOM. Spot rates (₹/kg): RSS-4: 134 (134); RSS-5: 131 (131); ISNR 20: 116.50 (117.50) and Latex (60% drc): 84.50 (85).

Published on October 4, 2017 16:38