Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Tue | Wed | Thu |
RSS 4 | 108 | 107 | 107 |
RSS 5 | 106 | 105 | 104.5 |
Ungraded | 104 | 100 | 100 |
ISNR 20 | 103 | 103 | 103 |
Latex(60% drc) | 78.2 | 78.2 | 78.5 |
Spot Rubber prices steady at Rs 100/kg on Thursday.
NCME Rubber for April delivery closed at 10820 on Thursday, almost unchanged from yesterday. Prices are expected to consolidate further in the current range of 11050-10750. A move below 10750 should see the profit booking move extend to 10500. On the upside, a daily close above 11050 should see a resumption of the current uptrend.
Indian futures scenario
NMCE Futures (Mar contract, INR) | ||||
Day | Open | High | Low | Close |
Tue | 10600 | 10923 | 10520 | 10675 |
Wed | 10580 | 10750 | 10436 | 10510 |
Thu | 10580 | 10645 | 10450 | 10548 |
Tocom (Aug contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Tue | 177.2 | 177.4 | 175.2 | 175.2 |
Wed | 172.8 | 172.8 | 170.3 | 171.1 |
Thu | 169.8 | 170.4 | 167.3 | 168.3 |