Spot rubber lost further on Tuesday. There were no quantity buyers in the local markets tracking the overall declines in the domestic and global rubber futures. RSS 4 weakened to ₹101 (102) a kg, according to traders and the Rubber Board.
The grade dropped to ₹98 (99) as reported by the dealers. January futures declined to ₹99.90 (102), February to ₹100.18 (103.47) and March to ₹101.72 (105.01) on the National Multi Commodity Exchange.
RSS 3 (spot) dropped to ₹78.18 (79.79) at Bangkok. January futures weakened to ¥136.4 (₹76.32) a kg on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 101 (102); RSS-5: 98.50 (99.50); Ungraded: 90 (93); ISNR 20: 87 (87) and Latex (60% drc): 77 (77).