KOTTAYAM, DECEMBER 14:
Spot rubber declined on Monday as the commodity continued to remain under pressure on buyer resistance tracking the overall weakness in global trendsetters. RSS 4 surrendered to ₹101.50 (₹102.50) a kg, according to traders and the Rubber Board. The grade dropped to ₹98.50 (₹99.50) as quoted by the dealers. December futures improved to ₹101.95 (₹100.27) while the January futures weakened to ₹101.40 (₹101.80), February to ₹101.76 (₹102.18) on the National Multi Commodity Exchange. RSS 3 (spot) slid to ₹85.91 (₹86.33) at Bangkok. December futures closed at ¥154.8 (₹85.85) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 101.50 (102.50); RSS-5: 99 (100); Ungraded: 90 (91); ISNR 20: 83 (84) and Latex (60% drc): 76.50 (77).
