Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 98.5 | 98 |
| RSS 5 | 95 | 93 |
| Ungraded | 85 | 83 |
| ISNR 20 | 85 | 84.5 |
| Latex(60% drc) | 77.65 | 78.2 |
Spot Rubber prices declined to Rs 83/kg on Tuesday.
NMCE Rubber Feb recovered sharply and closed at 9934 on Tuesday, up 126 or 1.28% on account of short covering. Intraday resistance is expected to come into play at 10000 breaking which the recovery may extend itself higher. Failure to break this level should see prices move lower to 9600-9500 this week. The intraday bias is neutral.
Indian futures scenario
| NMCE Futures (Feb contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 10110 | 10002 | 9792 | 9824 |
| Tue | 9750 | 9935 | 9620 | 9934 |
Tocom (June contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | – | – | – | – |
| Tue | 146.6 | 150.8 | 146.1 | 150.7 |
