Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon | Tue | Wed |
RSS 4 | 97 | 97 | 97 | 96 |
RSS 5 | 91 | 91 | 91.5 | 91.5 |
Ungraded | 83 | 84 | 85 | 84 |
ISNR 20 | 84 | 84 | 84 | 84 |
Latex(60% drc) | 79.25 | 79.25 | 79.8 | 79.8 |
Spot Rubber prices edged down to Rs 84/kg on Wednesday.
NMCE Rubber Feb contract lost 165 or 1.67% to close at 9710 on Wednesday. Support is seen at 9650 below which prices may fall to 9500 and possibly lower in the coming sessions. On the upside, resistance is seen at 9935. The intraday bias is negative.
Indian futures scenario
NMCE Futures (Feb contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 9710 | 9905 | 9710 | 9802 |
Tue | 9850 | 9900 | 9838 | 9890 |
Wed | 9801 | 9830 | 9651 | 9710 |
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 |
Wed | 157.4 | 158.2 | 154.7 | 156.1 |