Spot rubber stays flat

Updated - January 08, 2018 at 10:31 PM.

Rubber sheets sit in a pile at the Thai Hua Rubber Pcl factory in Samnuktong, Rayong province, Thailand, on Tuesday, Oct. 27, 2015. Global demand for natural rubber, used mostly in tires, is slowing as the economy cools in China, the world's largest buyer of new cars. Photographer: Dario Pignatelli/Bloomberg

Spot rubber closed unchanged on Thursday.

RSS-4 was quoted steady at ₹130 a kg by traders. The grade slid to ₹129.50 (130) and ₹126.50 (127) a kg respectively, according to the Rubber Board and dealers. The volumes continued to be extremely low. RSS-3 (spot) improved to ₹107.22 (106.80) a kg at Bangkok. October futures weakened to ₹108.61 (109.13) a kg on the TOCOM.

Spot rubber rates (₹/kg): RSS-4: 130 (130); RSS-5: 127 (127); ISNR 20: 112 (112) and Latex (60% drc): 82.50 (82.50).

Published on October 19, 2017 17:50
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