Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed |
RSS 4 | 113 | 112 | 112 |
RSS 5 | 108 | 107 | 107 |
Ungraded | 95 | 95 | 95 |
ISNR 20 | 100 | 99 | 98 |
Latex(60% drc) | 80.3 | 79.25 | 79.25 |
Spot Rubber prices steady at Rs 95/ kg on Wednesday.
NMCE Rubber September contract traded sideways and closed at 11290. Over all trend remains bearish and it is likely to trade with a negative bias in next trading session. It has immediate support at 11170, while resistance is seen at 11500.
Indian futures scenario
NMCE Futures (Sept contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11277 | 11277 | 11082 | 11185 |
Tue | 11190 | 11290 | 11065 | 11284 |
Wed | 11275 | 11320 | 11175 | 11290 |
Tocom (Jan contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 175.5 | 175.8 | 170.5 | 171.3 |
Tue | 170 | 174.9 | 169.5 | 174.7 |
Wed | 170.3 | 170.9 | 168.5 | 169.5 |