Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed |
| RSS 4 | 102 | 101 | 100 |
| RSS 5 | 99.5 | 99 | 98 |
| Ungraded | 90 | 89 | 88 |
| ISNR 20 | 87 | 87 | 86 |
| Latex(60% drc) | 77.15 | 78.2 | 78.2 |
Spot Rubber prices declined to Rs 88/kg on Wednesday.
NMCE Rubber opened with a gapdown on Wednesday and closed at 10015, up 17 or 0.17%. The overall outlook continues to remain weak and we expect prices to decline further to 9000 odd levels in the short term. Sustained trading above 10000 could see further consolidation at current levels.
Indian futures scenario
| NMCE Futures (Feb contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10521 | 10560 | 10301 | 10340 |
| Tue | 10300 | 10325 | 9999 | 10018 |
| Wed | 9915 | 10058 | 9915 | 10058 |
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 |
| Wed | 148.2 | 149.4 | 147.2 | 148.1 |
