Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon |
RSS 4 | 114 |
RSS 5 | 111.5 |
Ungraded | 106 |
ISNR 20 | 108 |
Latex(60% drc) | 81.35 |
Spot Rubber prices rose to Rs 106/kg on Monday.
NMCE Rubber extended gains to 11765, up 104 or 0.89%. Traders with longs should continue holding positions with stop losses below 11600 for targets near 12000. Long positions are advised to be covered at current levels. The intraday bias is positive.
Indian futures scenario
NMCE Futures (May contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11920 | 11995 | 11865 | 11919 |
Tocom (Sep contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 179.2 | 179.5 | 178 | 179.1 |