Commodities

Spot rubber weakens

Our Correspondent Kottayam | Updated on June 17, 2019 Published on June 17, 2019

Spot rubber lost ground as major consuming industries continued to keep a law profile on Monday. RSS 4 declined to ₹152.50 (153.50) a kg, according to traders and the Rubber Board. The trend was mixed.July futures dropped to ₹150.30 (153.49) per kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) weakened to ₹141.81 (142.39)at Bangkok. June futures firmed up to ₹152.47 (151.84) per kg on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) : RSS-4: 152.50 (153.50); RSS-5: 149 (150); ISNR 20: 131.50 (131.50) and Latex (60% drc): 96 (95).

Published on June 17, 2019
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