Commodities

Spot rubber continues to rule weak

Our Correspondent Kottayam | Updated on January 09, 2018

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).

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Published on October 31, 2017
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