Spot rubber continued to rule weak on Tuesday. RSS 4 slid to ₹126.50 (1270) a kg according to traders. The grade dropped to ₹127 (127.50) and ₹124 (124.50) respectively as reported by the Rubber Board and dealers. November futures concluded at ₹124.75 (124.60), December at ₹122.59 (123.61) and January at ₹122.70 (123.90) on NMCE. RSS 3 (spot) declined to ₹103.49 (105.59) at Bangkok.November futures weakened to ₹106.20 (107.44) on TOCOM. Spot rubber rates (₹/kg) were: RSS-4: 126.50 (127); RSS-5: 123 (124); ISNR 20: 106 (107) and Latex (60% drc): 81.50 (81.50).
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.