Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed | Thu |
RSS 4 | 113 | 112.5 | 112 | 111.5 |
RSS 5 | 111 | 110.5 | 110 | 110 |
Ungraded | 103 | 101 | 98 | 98 |
ISNR 20 | 98 | 97.5 | 96 | 95.5 |
Latex(60% drc) | 86.65 | 86.1 | 85.6 | 85.6 |
Spot Rubber prices steady at Rs 98 /kg on Thursday.
NMCE Rubber Dec opened with a gap down and recovered slightly in intraday before closing in red today. Immediate support is expected to come into play at 10820 below which the present downtrend should resume. On the upside 10920 should act as a resistance in the next session.
Indian futures scenario
NMCE Futures (Nov contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11196 | 11196 | 11050 | 11070 |
Tue | 11100 | 11100 | 10826 | 10900 |
Wed | 10835 | 10933 | 10770 | 10900 |
Thu | 10850 | 10906 | 10850 | 10860 |
Tocom (Apr contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 159.5 | 160.3 | 159.1 | 160.1 |
Tue | 159.5 | 160.3 | 159.1 | 160.1 |
Wed | 156.5 | 157.9 | 156 | 157.3 |
Thu | 154.5 | 155.8 | 154.3 | 155.4 |