Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 102 | 101 | 100 | 100 |
| RSS 5 | 99.5 | 99 | 98 | 97 |
| Ungraded | 90 | 89 | 88 | 87 |
| ISNR 20 | 87 | 87 | 86 | 86 |
| Latex(60% drc) | 77.15 | 78.2 | 78.2 | 78.2 |
Spot Rubber prices declined to Rs 87/kg on Thursday.
NMCE Rubber Feb contract had a quiet trading session on Thursday, settling at 10069, up 26 points. We expect prices to test support turned resistance at 10100 and failure to break above this should see the downtrend resume whereas a daily close above this would call for further consolidation with a positive bias. The intraday bias is neutral-negative.
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 |
| Thu | 10000 | 10075 | 9970 | 10069 |
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 |
| Thu | 149.1 | 149.1 | 146 | 146.4 |
