Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon | Tue |
RSS 4 | 96.5 | 97 | 97 |
RSS 5 | 94 | 95 | 95 |
Ungraded | 90 | 91 | 91 |
ISNR 20 | 90 | 91 | 91 |
Latex(60% drc) | 74.5 | 74.5 | 73.95 |
Spot Rubber prices steady at Rs 91/kg on Tuesday.
NMCE Rubber closed at 10094 on Tuesday, unchanged from the previous close. Prices once again failed to break above resistance at 10230 indicating selling pressure at those levels. The intraday bias is slightly negative for the next trading session and we may see prices move lower to 9850 in the next session.
Indian futures scenario
NMCE Futures (Mar contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 9879 | 9879 | 9651 | 9740 |
Tue | 9745 | 9810 | 9731 | 9750 |
Tocom (Aug contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 154.8 | 156 | 154.8 | 155.8 |
Tue | 157 | 157.3 | 156.4 | 157 |