Comments
Spot rubber lost further on Wednesday. The absence of buyers from major consuming industries as they were comfortable with their imports continued to keep the commodity under pressure during the day.
Sheet rubber weakened to ₹141 (₹142) a kg, according to traders. The grade slid to ₹141.50 (₹142) and ₹138.50 (₹139) respectively, as given by the Rubber Board and dealers.
August futures surrendered to ₹139.80 (₹141.26) on the National Multi Commodity Exchange. RSS 3 (spot) slipped to ₹119.90 (₹119.96) at Bangkok. July futures closed at ¥189 (₹111.68) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: 141 (142); RSS-5: 133.50 (134); Ungraded: 129 (130) ISNR 20: 123 (124); and Latex 60%: 107 (108.50). t
Comments
COMMENT NOW
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.