Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon | Tue |
RSS 4 | 110.5 | 110 | 109 |
RSS 5 | 108 | 107 | 107 |
Ungraded | 98 | 97 | 95 |
ISNR 20 | 91.5 | 90.5 | 90 |
Latex(60% drc) | 82.4 | 82.4 | 81.9 |
Spot Rubber prices fell to Rs 95 /kg on Tuesday.
NMCE Rubber drifted lower on Tuesday closing at 10555, the day’s low. Prices are expected to find support at 10500 in the next session breaking which it could fall further to key support level at 10250. The intraday and short term bias is negative.
Indian futures scenario
NMCE Futures (Dec contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 10820 | 10820 | 10615 | 10675 |
Tue | 10613 | 10680 | 10555 | 10555 |
Tocom (Apr contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 156.2 | 156.7 | 155.3 | 156.2 |
Tue | 157.5 | 158 | 156.7 | 157.4 |