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Monday, July 4, 2022

India: Mixed trend in rubber

KOTTAYAM, SEPTEMBER 30:

Spot rubber prices showed a mixed trend on Wednesday. RSS 4 continued to remain unchanged at ₹112.50 a kg, according to traders and the Rubber Board. The grade was quoted steady at ₹109.50 by dealers. Meanwhile, the remaining counters including latex finished firm with marginal gains on supply concerns but the overall volumes were extremely low. October futures closed at ₹114.32 (₹113.97) November at ₹ 114 (₹113.62), December at ₹114 (₹114.14) on the National Multi Commodity Exchange. RSS 3 (spot) slid to ₹86.57 (₹86.94) at Bangkok. October futures closed at ¥153 (₹83.54) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 112.50 (112.50); RSS-5: 110.50 (110.50); Ungraded: 101 (99); ISNR 20: 100.50 (99.50) and Latex (60% drc): 83.50 (82.50).

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) 21.00 -56.52 4009.20 2740 2750 -17.47
Ramgarh(Jha) 15.00 -6.25 260.00 3000 2700 -6.25
Lakhimpur(UP) 10.00 -85.71 1262.00 3015 3010 -10.27
Pulpally(Ker) 2.00 100 182.60 9600 9300 -29.41
Irityy(Ker) 1.50 -25 327.00 10700 9900 -18.94
Kuttoor(Ker) 1.40 7.69 83.40 10800 11000 -20.59
Irikkur(Ker) 1.00 NC 102.00 9600 9600 1.05

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