Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 111 | 111 |
| RSS 5 | 108 | 108 |
| Ungraded | 98 | 98 |
| ISNR 20 | 93.5 | 93.5 |
| Latex(60% drc) | 83.5 | 83.5 |
Spot Rubber prices steady at Rs 98 /kg on Tuesday.
NMCE Rubber extended its range bound trading for the fourth session on Tuesday. While, the short term view continues to remain neutral, we might witness a breakout above resistance at 10920 in tomorrow’s session with for a price objective of 11000. On the downside, the support remains steady at 10820.
Indian futures scenario
| NMCE Futures (Nov contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10850 | 10900 | 10781 | 10800 |
| Tue | 10850 | 10900 | 10800 | 10849 |
Tocom (Apr contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 154.9 | 156.5 | 154.9 | c |
| Tue | 160 | 162.5 | 159.7 | 161.8 |
