Comments
Spot rubber declined on Monday as the commodity continued to remain under pressure on buyer resistance tracking the overall weakness in global trendsetters. RSS 4 surrendered to ₹101.50 (₹102.50) a kg, according to traders and the Rubber Board. The grade dropped to ₹98.50 (₹99.50) as quoted by the dealers. December futures improved to ₹101.95 (₹100.27) while the January futures weakened to ₹101.40 (₹101.80), February to ₹101.76 (₹102.18) on the National Multi Commodity Exchange. RSS 3 (spot) slid to ₹85.91 (₹86.33) at Bangkok. December futures closed at ¥154.8 (₹85.85) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 101.50 (102.50); RSS-5: 99 (100); Ungraded: 90 (91); ISNR 20: 83 (84) and Latex (60% drc): 76.50 (77).
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.