Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon |
| RSS 4 | 141 | 143 |
| RSS 5 | 138 | 140 |
| Ungraded | 130 | 130 |
| ISNR 20 | 129 | 130 |
| Latex(60% drc) | 114.1 | 114.1 |
Spot Rubber prices steady at Rs 130/kg on Monday.
NMCE Rubber May contract closed at 14930 on Monday, up 313 or 2.14%. The short term trend is positive and we expect prices to test 15000-15500 this week. On the downside, a break below support at 14400 should a minor correction in prices down to sub 14000 levels. The intraday bias is positive.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 14464 | 15050 | 14655 | 14930 |
Tocom (Oct contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 201.5 | 203.5 | 201 | 202 |
