Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon |
| RSS 4 | 107 | 108 |
| RSS 5 | 104.5 | 105.5 |
| Ungraded | 101 | 102.5 |
| ISNR 20 | 103 | 103 |
| Latex(60% drc) | 78.2 | 78.2 |
Spot Rubber prices rose to Rs 102.5/kg on Monday.
NMCE Rubber closed at 11209 on Monday, up 73 or 0.66%. Intraday resistance is now seen at 11300 and a break above this should carry prices higher to 11500 in the short term. On the downside, 10750 is acting as a strong support level below which the current trend could reverse. The intraday bias is positive.
Indian futures scenario
| NMCE Futures (Mar contract, INR) | ||||
| Day | Open | High | Low | Close |
| Fri | 10580 | 10900 | 10500 | 10900 |
| Mon | 11000 | 11075 | 10955 | 11050 |
Tocom (Aug contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Fri | 169.2 | 171.7 | 169.2 | 171.4 |
| Mon | 169.9 | 170.5 | 169 | 170.4 |
