India: Spot rubber rules steady

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, DECEMBER 19

Spot rubber was steady on Wednesday. 4 continued to rule unchanged at 124 a kg, according to traders and the Rubber Board. The market lost its initial strength during the latter half of the trading session possibly on profit booking at higher levels. January declined to 126.72 (127.56) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) declined to 103.91 (104.73) a kg at Bangkok. December futures slid to 93.42 (93.89) a kg on the (TOCOM). Spot rubber rates (/kg) : RSS-4: 124 (124); RSS-5: 120 (120); ISNR 20: 114.50 (114.50) and Latex (60% drc): 91 (91).

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