Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon | Tue |
RSS 4 | 139 | 138 | 137 |
RSS 5 | 137 | 135.5 | 135 |
Ungraded | 124 | 118 | 115 |
ISNR 20 | 132 | 130 | 127 |
Latex(60% drc) | 114.1 | 113.05 | 110.95 |
Spot Rubber prices declined to Rs 115/kg on Monday.
NMCE Rubber June ended at 13440 on Tuesday, down 248 or 1.81%. The trend is currently negative and we expect prices to decline to 13000-12750 this week. On the upside, a break above 14000 should see the current trend reverse and prices move higher in the short term.
Indian futures scenario
NMCE Futures (May contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 13688 | 13688 | 13430 | 13450 |
Tue | 13350 | 13461 | 13199 | 13249 |
Tocom (Oct contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 187 | 188.4 | 186.8 | 187.7 |
Tue | 187 | 188.4 | 186.8 | 187.7 |