Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed |
RSS 4 | 114 | 114.5 | 115 |
RSS 5 | 111.5 | 112 | 112.5 |
Ungraded | 106 | 106 | 107 |
ISNR 20 | 108 | 108 | 107 |
Latex(60% drc) | 81.35 | 82.4 | 83.5 |
Spot Rubber prices steady at Rs 106/kg on Tuesday.
NMCE Rubber closed at 11800 on Wednesday, down 35.0 or 0.32%. The short term bias continues to remain positive and traders with long positions are advised to hold longs with stop losses below 11800. Short selling may be considered below 11800.
Indian futures scenario
NMCE Futures (Apr contract, INR) | ||||
Day | Open | High | Low | Close |
Tue | 11835 | 11850 | 11670 | 11850 |
Wed | 11830 | 11940 | 11770 | 11800 |
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 |
Wed | 177.4 | 177.7 | 176.8 | 177 |