Spot rubber continued to rule weak on Friday. Declines in the international markets and the absence of local buyers continued to keep the sentiments under pressure during the day.
RSS 4 fell to ₹111 from ₹112 and ₹111.50 a kg, respectively according to traders and the Rubber board. The grade dropped to ₹108 (₹109) according to dealers. November futures concluded at ₹108.50 (₹108.69), December at ₹108.85 (₹108.67), January at ₹108.50 (₹108.59) and February at ₹109 (₹109.16) on the National Multi Commodity Exchange.
RSS 3 (spot) closed weak to ₹80.18 (₹80.60) at Bangkok. November futures closed at ¥132.6 (₹71.55) on the Tokyo Commodity Exchange. Spot rubber rates ₹/ kg were: RSS-4: 111 (112); RSS-5: 109 (110); Ungraded: 100 (102); ISNR 20: 94 (96) and Latex (60% drc): 84 (85).