Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed |
RSS 4 | 111.5 | 113 | 113 |
RSS 5 | 109 | 110.5 | 111 |
Ungraded | 104 | 105 | 105 |
ISNR 20 | 106 | 107 | 107.5 |
Latex(60% drc) | 79.25 | 80.3 | 81.35 |
Spot Rubber prices steady at Rs 105/kg on Wednesday.
NMCE Rubber closed at 11660 on Wednesday, up 23.0 or 0.20%. Resistance is seen at 11720 and prices are expected to rally further above this. Support is seen at 11300 and a break below this should see a reversal in prices. The short term trend is positive.
Indian futures scenario
NMCE Futures (Apr contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11440 | 11740 | 11440 | 11718 |
Tue | 11830 | 11830 | 11571 | 11655 |
Wed | 11661 | 11680 | 11513 | 11660 |
Tocom (Aug contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 177.4 | 177.6 | 175.9 | 176.3 |
Tue | 180.3 | 180.3 | 178.3 | 179.6 |
Wed | 176.1 | 177.4 | 175.9 | 177 |