Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed |
| RSS 4 | 117 | 117.5 | 119 |
| RSS 5 | 114.5 | 115 | 116.5 |
| Ungraded | 108 | 108 | 109 |
| ISNR 20 | 110 | 112 | 114 |
| Latex(60% drc) | 87.7 | 89.8 | 93 |
Spot Rubber prices rose to Rs 109/kg on Wednesday.
NMCE Rubber closed at 12360 on Wednesday, up 76 or 0.62%. The short term trend likely to remain positive and traders with long positions should continue to hold onto positions with stops below 12190. Intraday resistance is seen at 12450 and a break above this level should carry prices higher to 13000.
Indian futures scenario
| NMCE Futures (Apr contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 11967 | 12025 | 11900 | 11960 |
| Tue | 11967 | 12187 | 11890 | 12070 |
| Wed | 12249 | 12390 | 12115 | 12194 |
Tocom (Sep contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 178.8 | 179.8 | 178.5 | 179.8 |
| Tue | 181.0 | 183.4 | 181 | 181.3 |
| Wed | 181.5 | 182.9 | 177.6 | 178.4 |
