Spot rubber falls further

Our Correspondent Kottayam | Updated on March 17, 2020 Published on March 17, 2020

Spot rubber resumed the downward journey on Tuesday. RSS 4 declined to ₹129 (130) a kg according to traders and the Rubber Board. It dropped to ₹125 (₹126) a kg.

RSS 3 (spot) firmed up to ₹112.40 (₹112.18) per kg at Bangkok. In futures, the March contracts weakened to ₹106.96 (₹108.37), April to ₹109.39 (₹111.53) and May to ₹109.43 (₹111.59) per kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: ₹129.00 (130.00); RSS-5: ₹125.00 (₹125.50); ISNR 20: ₹115.00 (₹115.50); and Latex (60% drc): ₹84.50 (₹84.50)

Published on March 17, 2020
  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.