Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed | Thu |
RSS 4 | 95 | 96 | 96 | 96 |
RSS 5 | 93 | 93.5 | 93.5 | 93.5 |
Ungraded | 87 | 88 | 89 | 89 |
ISNR 20 | 88.5 | 90 | 90 | 90 |
Latex(60% drc) | 75.55 | 75.55 | 75.55 | 75.55 |
Spot Rubber prices steady at Rs 89/kg on Thursday.
NMCE Rubber ended today’s session at 9790.0, up 114 points or 1.18%. The support at 9650 continues to remain intact and no significant downside is expected unless prices break below this. On the upside, resistance is seen at 9900 breaking which the uptrend should extend to 10200. The intraday bias is neutral.
Indian futures scenario
NMCE Futures (Mar contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 9825 | 9917 | 9810 | 9885 |
Tue | 9850 | 9910 | 9650 | 9670 |
Wed | 9650 | 9739 | 9606 | 9675 |
Thu | 9750 | 9815 | 9710 | 9790 |
Tocom (July contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 155.2 | 155.8 | 154.4 | 155.7 |
Tue | 155.6 | 155.7 | 154.1 | 154.5 |
Wed | 154.5 | 155 | 154.4 | 154.6 |
Thu | 155.4 | 155.4 | 154.6 | 155.2 |