Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue |
RSS 4 | 114 | 114.5 |
RSS 5 | 111.5 | 112 |
Ungraded | 106 | 106 |
ISNR 20 | 108 | 108 |
Latex(60% drc) | 81.35 | 82.4 |
Spot Rubber prices steady at Rs 106/kg on Tuesday.
NMCE Rubber closed at 11850 on Tuesday, up 84 or 0.71%. The short term bias continues to remain positive and traders with longs are advised to hold positions with stop losses below 11700 for targets near 11800 while short selling is not advisable at current levels.
Indian futures scenario
NMCE Futures (Apr contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11920 | 11995 | 11865 | 11919 |
Tue | 11835 | 11850 | 11670 | 11850 |
Tocom (Sep contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 179.2 | 179.5 | 178 | 179.1 |
Tue | 175.4 | 178.3 | 175.1 | 178.1 |