Commodities

Spot rubber ends weak

Our Correspondent Kottayam | Updated on July 30, 2019 Published on July 30, 2019

Spot rubber finished weak on Tuesday. The market lost ground following sharp declines in global trendsetters. RSS 4 dropped to ₹149 (150) and ₹149.50 (150) per kg respectively according to traders and the Rubber Board. In futures, August contracts weakened to ₹145.25 (147.13) per kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) declined to ₹113.69 (121.72) a kg at Bangkok.August futures slid to ₹143.01 (144.36) a kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg): RSS-4: 149 (150); RSS-5: 146.50 (147); ISNR 20: 122 (122) and Latex (60% drc): 99 (99).

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

Published on July 30, 2019
This article is closed for comments.
Please Email the Editor