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Tuesday, November 30, 2021

India: Rubber skids on absence of buying

KOTTAYAM, AUGUST 18:  

Spot rubber declined further as there were no genuine buyers in the local trading houses even at lower levels. RSS 4 weakened to Rs 116 (Rs 117) a kg as quoted by the traders. The grade dropped to Rs 116.50 (Rs 117) and Rs 113.50 (Rs 114) respectively, according to the Rubber Board and the dealers. September futures weakened to Rs 114.41 (Rs 115.38) and October futures to Rs 114.25 (Rs 115.51) on the National Multi Commodity Exchange. RSS 3 (spot) slipped to Rs 97.14 (Rs 97.25) at Bangkok. August futures closed at ¥175.1 (Rs 92.14) on the Tokyo Commodity Exchange. Spot rubber rates (Rs /kg): RSS-4: 116 (117); RSS-5: 111 (111); Ungraded: 101 (102); ISNR 20: 102 (103) and Latex 60%: 80(81).

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

Arrivals Price
Current %
change
Season
cumulative
Modal Prev.
Modal
Prev.Yr
%change
Rubber
Ajmer (Grain)(Raj) 171.00 88.95 3582.60 2670 2640 -19.58
Jaipur(Grain)(Chandpole)(Raj) 83.00 196.43 1819.20 2525 2475 -22.31
Udaipura(Raj) 46.00 -82.84 7261.00 2675 2400 -17.05
Lakhimpur(UP) 12.00 NC 953.00 3000 2995 -10.71
Lohardaga(Jha) 6.00 50 374.20 3150 3300
Sultan bathery(Ker) 2.50 38.89 180.40 10300 10400 -22.56
Koderma(Jha) 2.50 NC 110.00 3000 3000 -14.29
Pulpally(Ker) 2.00 66.67 145.60 10600 11000 -22.06

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