Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed |
| RSS 4 | 132 | – | 135 |
| RSS 5 | 130 | – | 132 |
| Ungraded | 122 | – | 124 |
| ISNR 20 | 124 | – | 124 |
| Latex(60% drc) | 105.65 | – | 109.9 |
Spot Rubber prices rose to Rs 124/kg on Wednesday.
NMCE Rubber May contract closed at 14250 on Wednesday, up 548 or 4.0%. The short term trend is now positive and traders may consider building longs positions at current levels for targets near 15000 with stop losses below 13800. Short positions are not advisable at current levels.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13431 | 13829 | 13375 | 13700 |
| Tue | – | – | – | – |
| Wed | 13431 | 14250 | 13800 | 14250 |
Tocom (Sep contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 186.9 | 188.5 | 186.8 | 188.4 |
| Wed | 196.2 | 197.8 | 195.8 | 196.7 |
