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Friday, December 3, 2021

India: Mixed trend in spot rubber

KOTTAYAM. DEC.9:

Spot rubber prices were on Monday. Most counters ruled firm on comparatively better demand and low supplies, while RSS 4 finished unchanged reacting closely to the weak closing in domestic futures. Volumes were low.

Sheet rubber ruled steady at Rs 151 a kg, according to traders. The grade improved to Rs 151 (Rs 150.50) and Rs 148 (Rs 147.50) respectively, according to the Rubber Board and dealers.

December futures declined to Rs 151.80 (Rs 153.61), January to Rs 153.68 (Rs 155.79) and February to Rs 156.22 (Rs 158.15), while March and April futures were inactive on the National Multi Commodity Exchange.

RSS 3 (spot) increased marginally to Rs 157.77 (Rs 157.53) at Bangkok. December futures closed at ¥ 275.3 (Rs 163.07) on the Tokyo Commodity Exchange.

Spot rubber rates Rs/kg were: RSS-4: 151 (151); RSS-5: 142 (141); Ungraded: 138 (137); ISNR 20: 143.50 (143.50) and Latex 60%: 108 (107.50).

India’s Rubber Prices on December 9, 2013

Arrivals in tonnes;prices in Rs/quintal in domestic market.

 

Arrivals

Price

 

Current

%

Season 

Modal

Prev.

Prev.Yr

change

cumulative

Modal

%change

Rubber

Mumbai(Mah)

888.2

47.54

62434.2

2990

2980

-13.46

Birbhum(WB)

310

933.33

680

3610

3700

-5.5

Udaipura(Raj)

228

56.7

15953.4

3125

3125

-13.79

Ajmer (Grain)(Raj)

86

168.75

9852.8

3211

3175

-14.37

Mathura(UP)

70

NC

4220

3330

3340

Muzzafarnagar(UP)

35

27.27

10175

3200

3200

-12.33

Cherthalai(Ker)

8.5

30.77

634.4

3100

3150

Chaibasa(Jha)

3

-14.29

679

3200

3200

-15.79

Pulpally(Ker)

2

NC

529.8

16500

16500

3.13

Sultan bathery(Ker)

0.9

12.5

578.6

13900

13700

-14.72

Source: The Hindu

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