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Tuesday, November 30, 2021

NMCE Rubber Nov contract traded sideways bearish sentiment.

Natural Rubber

Kottayam Spot (Rs/kg) current week

Variety Mon
RSS 4 113
RSS 5 111
Ungraded 103
ISNR 20 98
Latex(60% drc) 86.65

Spot Rubber prices remains at Rs 103 /kg on Monday.

NMCE Rubber Nov contract traded sideways bearish sentiment. It likely to trade sideways to negative in next trading session as well. trading range for next trading session is seen between 11300-10900 and either side break out will give clear direction to the prices.

NMCE Rubber trades positive on short covering: COIL

Indian futures scenario

NMCE Futures (Nov contract, INR)
Day Open High Low Close
Mon 11196 11196 11050 11070

Tocom (Apr contract Yen/ Kilogram)

Day Open High Low Close
Mon 159.5 160.3 159.1 160.1

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