Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed |
RSS 4 | 112.5 | 112.5 | 112.5 |
RSS 5 | 109.5 | 110.5 | 110.5 |
Ungraded | 101 | 101 | 102 |
ISNR 20 | 100 | 100 | 100.5 |
Latex(60% drc) | 82.4 | 82.95 | 83.5 |
Spot Rubber prices rose to Rs 102/kg on Wednesday.
Rubber prices at NMCE Oct contract traded up on Wednesday after low opening. It is likely to trade sideways to bullish in next trading session as well. Trading range for next trading session is seen between 11300-11600 and either side break out will give clear direction to the prices.
Indian futures scenario
NMCE Futures (Oct contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11200 | 11488 | 11365 | 11415 |
Tue | 11350 | 11450 | 11346 | 11425 |
Wed | 11390 | 11500 | 11390 | 11432 |
Tocom (Mar contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 169.1 | 169.8 | 168.6 | 169.7 |
Tue | 164.2 | 165.6 | 164.2 | 164.9 |
Wed | 164.9 | 166.1 | 164.8 | 165.7 |