Commodities

Rubber rules firm on short supplies

Our Correspondent Kottayam | Updated on January 20, 2018 Published on April 25, 2016




Spot rubber continued to rule firm on Monday. The market suffered from acute short supplies and the overall volumes were extremely dull. RSS 4 improved to ₹143 (₹141) a kg, according to traders and the Rubber Board. The grade firmed up to ₹140 (₹138) as reported by the dealers. May futures increased to ₹149.30 (₹146.17), June to ₹149.84 (₹146.69) and July to ₹148.97 (₹146.15) on the National Multi Commodity Exchange. RSS 3 (spot) closed at ₹120.56 (₹120) at Bangkok. May futures closed at ¥191.8 (₹114.96) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 143(141); RSS-5: 140 (138); Ungraded: 130(128); ISNR 20: 130 (129) and Latex (60% drc): 115 (115).

Published on April 25, 2016
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