Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 143 | 143 | 143 | 141.5 |
| RSS 5 | 140 | 141 | 141 | 139.5 |
| Ungraded | 130 | 130 | 129 | 125 |
| ISNR 20 | 130 | 132 | 132 | 132.5 |
| Latex(60% drc) | 114.1 | 115.2 | 115.2 | 114.65 |
Spot Rubber prices declined to Rs 125/kg on Thursday.
NMCE Rubber closed limit lower at 14023 on Thursday, down 584 or 4.0%. The short term bias is now negative and traders may consider short selling below 14000 with stop losses above 14500 for targets 13500-13000 going into next week. On the upside, 15000 will continue to act as a strong resistance level.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 14464 | 15050 | 14655 | 14930 |
| Tue | 14950 | 15029 | 14575 | 14600 |
| Wed | 14950 | 14685 | 14390 | 14600 |
| Thu | 14950 | 14469 | 14023 | 14023 |
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 |
| Wed | 200.2 | 202.8 | 200.1 | 201.7 |
| Thu | 193.9 | 195.1 | 193.5 | 193.9 |
