Spot rubber continued to rule weak on Monday. RSS 4 dropped to ₹146.50 (147.00) per kg according to traders and the Rubber Board. The market made all-round declines on buyer resistance. In futures,August contracts recovered partially to ₹ 145.11 (143.96) per kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) surrendered to ₹104.49 (107.12) a kg at Bangkok.August futures improved to ₹128.17 (124.67) a kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg): RSS-4: 146 (147); RSS-5: 143 (144); ISNR 20: 119 (120) and Latex (60% drc): 96.50 (97).
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.