Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Wed | Mon | Tue |
| RSS 4 | 101.5 | 102 | 102.50 |
| RSS 5 | 99 | 100 | 100 |
| Ungraded | 90 | 91 | 92 |
| ISNR 20 | 84.5 | 85.5 | 86 |
| Latex(60% drc) | 73.95 | 73.45 | 73.45 |
Spot Rubber prices rose to Rs 92/kg on Tuesday.
NMCE Rubber gained for the third consiecutive day closing at 10420.0, up over half a percent today. Technically, 10465.0 is a crucial resistance level – a close above this could see prices rally higher in the short term while a reversal from the current level could see prices come down to 10000.0 levels in the next week. The intraday bias is neutral.
NMCE Rubber likely to remain neutral: COIL
Indian futures scenario
| NMCE Futures (Jan contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10300 | 10390 | 10300 | 10365 |
| Tue | 10348 | 10420 | 10305 | 10420 |
Tocom (June contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 159.3 | 160.2 | 157.5 | 158.7 |
| Tue | 157.6 | 158.4 | 157.1 | 157.8 |
