Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon | Tue |
RSS 4 | 97 | 97 | 97 |
RSS 5 | 91 | 91 | 91.5 |
Ungraded | 83 | 84 | 85 |
ISNR 20 | 84 | 84 | 84 |
Latex(60% drc) | 79.25 | 79.25 | 79.8 |
Spot Rubber prices up slightly to Rs 85/kg on Tuesday.
NMCE Rubber Feb contract gained 60 or 0.61% to close at 9890 on Tuesday. Prices to continue to consolidate within the current range. Intraday resistance is seen at 9395 breaking above which prices may rally to 10000. The overall bias continues to remain negative.
Indian futures scenario
NMCE Futures (Feb contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 9710 | 9905 | 9710 | 9802 |
Tue | 9850 | 9900 | 9838 | 9890 |
Tocom (June contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 157.7 | 157.7 | 156.2 | 157.3 |
Tue | 160.8 | 160.8 | 159 | 159.2 |