Spot rubber continued to rule weak on Thursday. The absence of buyers in the local trading houses kept the commodity under pressure during the day. RSS 4 surrendered to ₹94(₹95) a kg, according to traders. The grade dropped to ₹94.50 (₹95) and ₹91.50 (₹92) respectively as reported by the Rubber Board and the dealers. February futures closed at ₹96.39 (₹96.59), March at ₹98.50 (₹98.65), April at ₹101 (₹101.01), May at ₹103.50 (₹102.02) and June at ₹104.50 (₹103.04) on the National Multi Commodity Exchange. RSS 3 (spot) improved to ₹86.42 (₹86.12) at Bangkok. February futures closed at ¥150(₹86.06) on the Tokyo Commodity Exchange. Spot rubber rates ₹/ kg follow: RSS-4: 94 (95); RSS-5: 90(91); Ungraded: 84 (85); ISNR 20: 84 (84) and Latex (60% drc): 80(80). Our Correspondent
India: Rubber skids on absence of buyers
KOTTAYAM, JANUARY 28:
Leave a Reply
Rubber News
Global Rubber Markets News, Rubber Prices Reports, Rubber Market Analytics & Outlook Reports