Commodities

Spot rubber under pressure

Our Correspondent Kottayam | Updated on January 08, 2018


Spot rubber continued to remain under pressure . RSS 4 dropped to ₹131 from ₹131.50 and ₹132 a kg respectively according to traders and the Rubber Board. The grade weakened to ₹128 (129) . October futures closed at ₹130.90 (131.44), November at ₹128.75 (127.49), December at ₹129.11 (127.64) and January at ₹129.61 (128.55)on NMCE. Spot rates (₹/kg) were: RSS-4: 131 (131.50); RSS-5: 127 (128); ISNR 20: 114 (114) and Latex (60% drc): 82.50 (82.50).

Published on October 12, 2017

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