Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 102 | 101 |
| RSS 5 | 99.5 | 99 |
| Ungraded | 90 | 89 |
| ISNR 20 | 87 | 87 |
| Latex(60% drc) | 77.15 | 78.2 |
Spot Rubber prices fell to Rs 89/kg on Tuesday.
NMCE Rubber declined for the second consecutive day close below support at 10050 at 9999, down almost 3%. Volumes today have also been significantly higher than average in last 4 months indicating selling pressure. The short term and intraday outlook is now negative and we expect prices to head to 9000 odd levels this week.
Indian futures scenario
| NMCE Futures (Feb contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10521 | 10560 | 10301 | 10340 |
| Tue | 10300 | 10325 | 9999 | 10018 |
Tocom (June contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 152.3 | 152.7 | 150 | 151.5 |
| Tue | 150.7 | 151.9 | 149.3 | 150 |
