Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 101.5 | 101 | 100.5 | 100.5 |
| RSS 5 | 99 | 98.5 | 97.5 | 97.5 |
| Ungraded | 88 | 87 | 86 | 87 |
| ISNR 20 | 83 | 82.5 | 82.5 | 82.5 |
| Latex(60% drc) | 76.6 | 76.1 | 75.55 | 75.55 |
Spot Rubber prices edged up to Rs 87/kg on Thursday.
NMCE Rubber Jan contract rallied on Thursday to end up 2.42% at 10369. The recent upmove due to short covering is likely to face resistance at 10460. Break above the same could lead prices further higher. A failure to do so should see prices return to previous lows. The intraday bias is neutral.
Indian futures scenario
| NMCE Futures (Jan contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10100 | 10195 | 10100 | 10195 |
| Tue | 10134 | 10175 | 10000 | 10074 |
| Wed | 10025 | 10160 | 10025 | 10160 |
| Thu | 10160 | 10378 | 10151 | 10369 |
Tocom (May contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 166.2 | 166.9 | 165.5 | 165.6 |
| Tue | 161.4 | 163.4 | 160.7 | 162.8 |
| Wed | 161.5 | 162.7 | 160.9 | 162.4 |
| Thu | 162.4 | 164.1 | 162.4 | 163.6 |
