Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 114 | 114.5 | 115 | 115 |
| RSS 5 | 111.5 | 112 | 112.5 | 113 |
| Ungraded | 106 | 106 | 107 | 107 |
| ISNR 20 | 108 | 108 | 107 | 110 |
| Latex(60% drc) | 81.35 | 82.4 | 83.5 | 84.55 |
Spot Rubber prices steady at Rs 107/kg on Thursday.
NMCE Rubber closed at 11830 on Thursday, up 32 or 0.27%. The short term trend continues to remain positive and traders should consider buying Rubber above resistance at 12000 with stop losses below 11600. We expect prices to move to 12300-12500.
Indian futures scenario
| NMCE Futures (Apr contract, INR) | ||||
| Day | Open | High | Low | Close |
| Tue | 11835 | 11850 | 11670 | 11850 |
| Wed | 11830 | 11940 | 11770 | 11800 |
| Thu | 11740 | 11848 | 11625 | 11840 |
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 |
| Thu | 177.2 | 178.5 | 176.9 | 178.5 |
