Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 138 | 137 | 135 | 133 |
| RSS 5 | 135.5 | 135 | 132 | 130 |
| Ungraded | 118 | 115 | 113 | 115 |
| ISNR 20 | 130 | 127 | 124 | 122 |
| Latex(60% drc) | 113.05 | 110.95 | 106.75 | 103.55 |
Spot Rubber prices rose to Rs 115/kg on Thursday.
NMCE Rubber closed at 13365 on Thursday, up 303 or 2.32%. Intraday resistance is seen at 13500 and traders may consider buying above this level with stop loss below 13000 for targets near 14500 in the short term. On the downside, a break below support at 13000 should see the downside extend to 12500-12000. The intraday bias is positive.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13688 | 13688 | 13430 | 13450 |
| Tue | 13350 | 13461 | 13199 | 13249 |
| Wed | 13249 | 13330 | 12,846 | 12,860 |
| Thu | 12711 | 13250 | 12654 | 13210 |
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 |
| Wed | 187 | 188.4 | 186.8 | 187.7 |
| Thu | 187 | 188.4 | 186.8 | 187.7 |
