Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed |
| RSS 4 | 135 | 134 | 133 |
| RSS 5 | 133 | 132 | 130 |
| Ungraded | 114 | 113 | 110 |
| ISNR 20 | 123 | 122 | 120.5 |
| Latex(60% drc) | 104.6 | 104.6 | 104.6 |
Spot Rubber prices declined to Rs 110/kg on Wednesday.
NMCE Rubber Jun contract closed down 323 points or 2.42% at 13028 on Wednesday. Our view continues to remains negative and traders may consider short selling below 13000 with targets at 12500-12400 this week. On the upside, a break above 13450 is likely to push prices higher towards 14000.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13801 | 13801 | 13421 | 13440 |
| Tue | 13351 | 13534 | 13100 | 13150 |
| Wed | 12900 | 12931 | 12880 | 12930 |
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 |
| Wed | 181.1 | 182.1 | 180 | 182.1 |
