Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue |
| RSS 4 | 135 | 134 |
| RSS 5 | 133 | 132 |
| Ungraded | 114 | 113 |
| ISNR 20 | 123 | 122 |
| Latex(60% drc) | 104.6 | 104.6 |
Spot Rubber prices declined to Rs 113/kg on Tuesday.
NMCE Rubber closed down 290 points or 2.12% at 13365 on Tuesday. Prices are trading above intraday support at 13350 breaking which prices are likely to test 13000-12500 in the short term. On the upside,13800 acts as a strong resistance and a break above it is likely to propel prices high to mid-April highs.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13801 | 13801 | 13421 | 13440 |
| Tue | 13351 | 13534 | 13100 | 13150 |
Tocom (Oct contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 180 | 181.2 | 180 | 181 |
| Tue | 182.3 | 182.5 | 181.8 | 182.4 |
