Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon |
RSS 4 | 122 | 120 |
RSS 5 | 120 | 118 |
Ungraded | 107 | 104 |
ISNR 20 | 109 | 107 |
Latex(60% drc) | 100.4 | 97.2 |
Spot Rubber prices declined to Rs 104/ kg on Monday.
Rubber prices at NMCE Aug contract traded bearish after positive opening. It is likely to trade negative in next trading session as well. Trading range for next trading session is seen between 11950-11650 and either side break out will give clear direction to the prices.
Indian futures scenario
NMCE Futures (Aug contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11900 | 11950 | 11661 | 11800 |
Tocom (Jan contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 197.4 | 198.9 | 197 | 198.5 |