Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 143 | 143 |
| RSS 5 | 140 | 141 |
| Ungraded | 130 | 130 |
| ISNR 20 | 130 | 132 |
| Latex(60% drc) | 114.1 | 115.2 |
Spot Rubber prices steady at Rs 130/kg on Tuesday.
NMCE Rubber May contract lost 286 or 1.92% to close at 14600 on Tuesday. Recent price action indicate a possible short term correction in Rubber going ahead, traders may consider short selling below 14400 with stop losses above 15000 for targets 13500 this week. The intraday bias is slightly neutral.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 14464 | 15050 | 14655 | 14930 |
| Tue | 14950 | 15029 | 14575 | 14600 |
Tocom (Oct contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 201.5 | 203.5 | 201 | 202 |
| Tue | 201.4 | 202.2 | 200.8 | 201.3 |
