23.8 C
New York
Thursday, August 11, 2022

NMCE Rubber futures down on 1.09% on Wednesday

Natural Rubber

Kottayam Spot (Rs/kg) current week

Variety Fri Mon Tue Wed
RSS 4 119 118.5 118.5 118
RSS 5 116 115 114 113
Ungraded 103 100 100 99
ISNR 20 105 105 105 104
Latex(60% drc) 89.8 87.7 85.6 84.55

Spot Rubber prices slight declined at Rs 99/ kg on Wednesday.

NMCE Rubber prices edged lower and broke the crucial support of 11600 and closed at 11551, down by 1.09 percent. Now it may continue its bearishness in coming sessions and has good support at 11420, while resistance at 11730.


Indian futures scenario

NMCE Futures (Aug contract, INR)
Day Open High Low Close
Mon 11800 11830 11721 11730
Tue 11680 11695 11630 11675
Wed 11465 11465 11173 11310

Tocom (Jan contract Yen/ Kilogram)

Day Open High Low Close
Mon 198 198.4 196.1 196.3
Tue 195.5 196.7 194.8 195.9
Wed 194.4 195.3 193.9 194.7

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,294FansLike
12,893FollowersFollow
748FollowersFollow
- Advertisement -

Latest Articles

Popular Articles