Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon | Tue | Wed |
| RSS 4 | 121 | 125 | 128 | 132 |
| RSS 5 | 118.5 | 122.5 | 125.5 | 130 |
| Ungraded | 112 | 118 | 120 | 122 |
| ISNR 20 | 115 | 118 | 120 | 122 |
| Latex(60% drc) | 94.05 | 95.1 | 97.75 | 100.4 |
Spot Rubber prices rose to Rs 122/kg on Wednesday.
NMCE Rubber lost 2.24% to close at 13466 today. Technically, prices have now entered a minor corrective phase and we expect prices to move lower to 13000-12500 in the next few trading sessions. On the upside, reistance is seen at 14100 and a breakout above this level should see resumption of the upward trend.
Indian futures scenario
| NMCE Futures (Apr contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 12800 | 13174 | 12800 | 13174 |
| Tue | 13200 | 13697 | 13200 | 13697 |
| Wed | 13862 | 14,025 | 13,300 | 13,500 |
Tocom (Sep contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 187 | 190.2 | 186.1 | 188.3 |
| Tue | 190.8 | 192.8 | 190.6 | 191.9 |
| Wed | 191.6 | 192.5 | 188.9 | 190.1 |
