Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 132 | – | 135 | 139 |
| RSS 5 | 130 | – | 132 | 136 |
| Ungraded | 122 | – | 124 | 130 |
| ISNR 20 | 124 | – | 124 | 126 |
| Latex(60% drc) | 105.65 | – | 109.9 | 110.95 |
Spot Rubber prices rose to Rs 130/kg on Thursday.
NMCE Rubber May closed at 14700 on thursday, up 450 or 3.16%. The short term bias remains to the upside and we expect prices to move higher to 15000 on Friday’s session. On the downside,a break down below support at 14350 should see a minor correction in prices.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13431 | 13829 | 13375 | 13700 |
| Tue | – | – | – | – |
| Wed | 13431 | 14250 | 13800 | 14250 |
| Thu | 14464 | 14820 | 14361 | 14700 |
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 |
| Thu | 201.2 | 202 | 200.4 | 201.6 |
