Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon | Tue | Wed |
| RSS 4 | 96.5 | 97 | 97 | 97 |
| RSS 5 | 94 | 95 | 95 | 95 |
| Ungraded | 90 | 91 | 91 | 92.5 |
| ISNR 20 | 90 | 91 | 91 | 91.5 |
| Latex(60% drc) | 74.5 | 74.5 | 73.95 | 73.95 |
Spot Rubber prices increased to Rs 92.5/kg on Wednesday.
Rubber Apr closed at 10260.0, up 166.0 or 1.64%. The short term trend is now positive and we expect prices to rally to 10500-10800 in the near term. On the downside, a break below support at 10200.0 will see the present trend reverse. The intraday bias is positive.
Indian futures scenario
| NMCE Futures (Mar contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 9879 | 9879 | 9651 | 9740 |
| Tue | 9745 | 9810 | 9731 | 9750 |
| Wed | 9830 | 9940 | 9775 | 9895 |
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 |
| Wed | 161.8 | 163.1 | 161.1 | 162.5 |
