Spot rubber continued to remain neutral in the absence of active buyers and sellers to set a definite trend in the commodity on Wednesday. RSS 4 closed steady at ₹108 a kg, according to traders and the Rubber Board.
The grade was unchanged at ₹105 as quoted by the dealers. April futures improved to ₹112.65 (₹111.26), May to ₹114.97 (₹113.67) on the National Multi Commodity Exchange. RSS 3 (spot) increased to ₹95.07 (₹94.84) at Bangkok. March futures closed at ¥153.9 (₹91.16) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg) :RSS-4: 108(108); RSS-5: 105.50 (105.50) Ungraded: 102 (102); ISNR 20: 103(103) and Latex (60% drc): 78.50 (78.50).