India: Physical rubber ends weak

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Physical rubber prices were weak on Thursday. RSS 4 slid to ₹149 (150) a kg according to traders and the Rubber Board. The grade dropped to ₹146 (₹147) as reported by the dealers. The trend was mixed. April futures declined to ₹146 (₹147.21), May to ₹150.50 (₹152.16) and June to ₹153.99 (₹154.29) on the National Multi Commodity Exchange (NMCE).

RSS 3 (spot) weakened to ₹156.59 (₹158.36) a kg at Bangkok. March futures declined to ¥284.1 (₹163.85) (on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg) follow: RSS-4: 149 (150);

RSS-5: 141 (142); Ungraded: 126 (126); ISNR 20: 132 (132) and Latex (60% drc): 95 (95).