Spot rubber finished flat on Friday. RSS 4 was quoted unchanged at ₹130 a kg, by traders and the Rubber Board. The grade closed steady at ₹126 a kg according to dealers. The trend was partially mixed as ISNR 20 lost marginally while the volumes continued to remain meagre.
March futures improved to ₹130.50 (128.60) per kg while the April futures weakened to ₹130.94 (131.63) and May to ₹132.71 (132.90) per kg on the Indian Commodity Exchange (ICEX).
RSS 3 (spot) declined to ₹112.35 (114.37) per kg at Bangkok.March futures surrendered to ₹104.73 (110.91), April to ₹110.85 (113.91) and May to ₹110.99 (113.77) per kg on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (₹/kg) : RSS-4: 130 (130); RSS-5: 125 (125); ISNR 20: 115.50 (116) and Latex (60% drc): 84.50 (84.50).
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.