Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon |
RSS 4 | 111 | 111 |
RSS 5 | 106 | 106 |
Ungraded | 94 | 96 |
ISNR 20 | 98 | 98 |
Latex(60% drc) | 79.25 | 80.3 |
Spot Rubber prices rose to Rs 96/kg on Monday.
NMCE Rubber Oct contract traded positive on short covering by traders. It is likely to trade sideways to bullish in next trading session as well. Trading range for next trading session is seen between 11350-11100 and either side break out will give clear direction to the prices.
Indian futures scenario
NMCE Futures (Sept contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11198 | 11300 | 11150 | 11282 |
Tocom (Feb contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 167.8 | 168.9 | 166.2 | 168.9 |