Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 97 | 97 | 97 | 98 |
| RSS 5 | 95 | 95 | 95 | 96 |
| Ungraded | 91 | 91 | 92.5 | 94 |
| ISNR 20 | 91 | 91 | 91.5 | 92 |
| Latex(60% drc) | 74.5 | 73.95 | 73.95 | 73.95 |
Spot Rubber prices increased to Rs 94/kg on Thursday.
NMCE Rubber rallied sharply on Thursday, gaining 236 points or 2.30% to close at 10510. The short term bias is positive and we expect prices to extend the current rally to 11000 in the short term. On the downside, 10250 acts as a strong support and a break below this will negate the current upside.
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 |
| Thu | 9950 | 10115 | 9871 | 10114 |
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 |
| Thu | 165.3 | 166.5 | 164.4 | 166.3 |
