Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 105 | 104.5 | 104.5 | 104 |
| RSS 5 | 102.5 | 102.5 | 102.5 | 102 |
| Ungraded | 90 | 90 | 91 | |
| ISNR 20 | 86 | 85.5 | 85.5 | 85 |
| Latex(60% drc) | 78.2 | 78.2 | 78.2 | 77.65 |
Spot Rubber prices declined to Rs 90/kg on Thursday.
NMCE Rubber for Jan delivery fell 1.56% to close at 10340.0. The close below support at 10450 indicates the resumption of the downside from the weeks long range bound trading. The bias on prices is now negative and we expect it to fall to 10200-10000 in the near term.
Indian futures scenario
| NMCE Futures (Dec contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10600 | 10620 | 10620 | 10530 |
| Tue | 10501 | 10539 | 10482 | 10525 |
| Wed | 10520 | 10520 | 10482 | 10500 |
| Thu | 10525 | 10525 | 10131 | 10200 |
Tocom (May contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 173.8 | 174.8 | 173.2 | 173.2 |
| Tue | 170.9 | 170.9 | 169.9 | 169.9 |
| Wed | 171.7 | 172 | 170.4 | 170.8 |
| Thu | 168 | 168.7 | 167.5 | 168.7 |
