Spot rubber strengthened further tracking the overall gains in global trendsetters on Monday. RSS 4 improved to ₹117.50 (116) a kg, according to traders. The grade closed firm at ₹117 (116) and ₹114 (113) a kg respectively as reported by the Rubber Board and dealers.
The trend was partially mixed. April futures slid to ₹119.60 (119.67), while the May futures inched up to ₹121.13 (120.88) and June to ₹121.75 (121.17) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹102.59 (101.39) a kg at Bangkok.
April futures improved to ¥173 (₹102.60) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 117.50 (116); RSS-5: 114.50 (113.50); Ungraded: 109 (108); ISNR 20: 110 (110) and Latex (60% drc): 87.50 (85.50).