Commodities

Spot rubber ends weak

Our Correspondent Kottayam | Updated on September 27, 2019 Published on September 27, 2019

Spot rubber closed weak on Friday. RSS 4 slid to ₹125.50 (126) per kg according to traders and the Rubber Board. The market lost further following the declines in the domestic and global trend setters. There were no genuine buyers in the market even during late trading hours. October futures dropped to ₹124.14 (125.71) per kg on the Indian Commodity Exchange (ICEX).

RSS 3 (spot) weakened to ₹105.82 (106.91) per kg at Bangkok. October futures surrendered to ₹102.93 (107.97) per kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) : RSS-4: 125.50 (126); RSS-5: 122.50 (122.50); ISNR 20: 106 (107) and Latex (60% drc): 108.75 (108.75).

Published on September 27, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.