Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed | Thu |
RSS 4 | 92 | 0 | 93 | 94 |
RSS 5 | 89 | 0 | 90 | 91 |
Ungraded | 84 | 85 | 85 | 86 |
ISNR 20 | 85 | 86 | 87 | 87 |
Latex(60% drc) | 77.15 | 77.15 | 76.6 | 76.6 |
Spot Rubber prices rose to Rs 86/kg on Thursday.
NMCE Rubber closed at 9806 on Thursday, up 117.0 or 1.21%. The short term trend is now positive and we expect prices to test 10000-10130 going ahead. Traders can continue holding longs with a stop below 9650.
Indian futures scenario
NMCE Futures (Mar contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 9300 | 9500 | 9300 | 9490 |
Tue | 9656 | 9690 | 9560 | 9575 |
Wed | 9656 | 9700 | 9570 | 9700 |
Thu | 9656 | 9810 | 9635 | 9806 |
Tocom (July contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 154.9 | 155.9 | 153.8 | 154.4 |
Tue | 154.9 | 155.6 | 152.8 | 153.9 |
Wed | 152.4 | 152.9 | 151.5 | 152.3 |
Thu | 152.6 | 152.6 | 151.5 | 152.5 |