Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 108 | 108 |
| RSS 5 | 105.5 | 106 |
| Ungraded | 102.5 | 101 |
| ISNR 20 | 103 | 103 |
| Latex(60% drc) | 78.2 | 78.2 |
Spot Rubber prices declined to Rs 101/kg on Tuesday.
NMCE Rubber continued to remain in a range and closed at 11150, down 58 points or 0.52%. Immediate resistance is seen at 11300 whereas support is 10750. The short term trend is positive and we would suggest further longs be considered above the resistance at 11500.
Indian futures scenario
| NMCE Futures (Mar contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 11000 | 11075 | 10955 | 11050 |
| Tue | 11000 | 11075 | 10810 | 11025 |
Tocom (Aug contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 169.9 | 170.5 | 169 | 170.4 |
| Tue | 167.5 | 168.4 | 166.1 | 167.9 |
