Spot rubber returned to a mixed mood on Thursday. RSS 4 firmed up to Rs 126.50 (126) and Rs 125.50 (125) per kg respectively according to traders and the Rubber Board. The grade improved to Rs 121.50 (121) per kg as reported by the dealers.
There were no quantity sellers in the local trading houses and the market seemed to be suffering from acute short supplies. Moderate enquiries from the tyre manufacturers kept sheet rubber in green while Latex closed weak on extremely low demand.
The November futures inched up to Rs 127.32 (127) while the December futures slid to Rs 128.42 (128.54) per kg on the Indian Commodity Exchange (ICEX).