Commodities

Spot rubber prices rule firm

Our Correspondent Kottayam | Updated on January 23, 2018 Published on April 28, 2015




Physical rubber prices ruled firm on Tuesday. Sustained gains in the global trendsetters and the absence of quantity sellers kept the sentiments bullish despite a weak closing on the NMCE. RSS 4 improved to ₹123 (₹122) a kg, as quoted by the traders. The grade firmed up to ₹122.50 (₹121) and ₹119.50 (₹118) respectively according to the Rubber Board and dealers. May futures declined to ₹121.65 (₹122.97), June to ₹125.15 (₹126.31) and July to ₹127.24 (₹128.12) on the National Multi Commodity Exchange. RSS 3 (spot) closed at ₹113.59 (₹111.75) at Bangkok. May futures closed ¥212.8 (₹112.99) on the Tokyo Commodity Exchange. Spot rubber rates (₹/ kg) were: RSS-4: 123 (122); RSS-5: 118 (116); Ungraded: 108 (107); ISNR 20: 106 (105) and Latex (60% drc): 88 (86).

Published on April 28, 2015
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