India: Spot rubber closes unchanged

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Spot rubber closed unchanged on Wednesday. RSS 4 was quoted steady at 129.50 and 129 per kg respectively, by traders and the . The trend was partially mixed as RSS 5 improved marginally amidst scattered transactions. Declines in futures kept the sentiments under pressure during the latter half of the day. April futures firmed up to 132.84 (131.88) per kg on the Indian Commodity Exchange (ICEX).

RSS 3 (spot) improved to 122.18 (121.90) per kg at . March futures declined to 109.07 (112.33) per kg on the Commodity Exchange (TOCOM).

Spot rubber rates (/kg): RSS-4: 129.50 (129.50); RSS-5: 126 (125.50); 20: 124.50 (124.50) and Latex (60% drc): 82.50 (82.50).

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