Commodities

Rubber skips on buyer resistance

Our Correspondent Kottayam | Updated on January 13, 2018 Published on March 07, 2017

Spot rubber lost ground on Tuesday. The market fell on buyer resistance reacting to the sharp declines in the domestic and global trendsetters. RSS 4 weakened to ₹154 from 156 and 155 a kg respectively according to traders and the Rubber Board.

The grade quoted lower at ₹151 (₹152) by dealers. Spot rubber rates (₹/kg) were: RSS-4: 154 (156); RSS-5: 143 (144); Ungraded: 129 (131); ISNR 20: 134 (135.50) and Latex (60% drc): 98 (99).

Published on March 07, 2017
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