Commodities

Spot rubber ends unchanged

Our Correspondent Kottayam | Updated on October 16, 2019 Published on October 16, 2019

Spot rubber closed unchanged on Wednesday. RSS 4 continued to remain steady at ₹120.00 a kg according to traders and the Rubber Board. The trend was partially mixed as ISNR 20 ended firm on enquiries from the non tyre sector.

The November futures inched up to ₹119.64 (₹119.38) per kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) improved to ₹103.42 (₹103.18) per kg at Bangkok. Its October futures weakened to ₹98.04 (₹99.57) per kg on the Tokyo Commodity Exchange (TOCOM).

Spot rubber rates (₹/kg) were: RSS-4: ₹120.00 (₹120.00); RSS-5: ₹117.50 (₹117.50); ISNR 20: ₹107.00 (₹106.00); and Latex (60% drc): ₹99.50 (₹99.50).

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on October 16, 2019
rubber (commodity)
commodities market
This article is closed for comments.
Please Email the Editor