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Wednesday, May 18, 2022

Mixed trend in rubber

Spot rubber showed a mixed trend on Friday. RSS 4 was quoted steady at ₹95 a kg by traders. The grade improved further to ₹94.50 (94) and ₹91.50 (91) a kg respectively, according to Rubber Board and dealers.

March futures weakened to ₹97.12 (98.02), April to ₹100.45 (101.13) and May to ₹102.40 (102.43) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹87.62 (87.55) a kg at Bangkok.

February futures recovered partially to ¥141.5 (86.30) a kg on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 95 (95); RSS-5: 92 (91); Ungraded: 87 (87); ISNR 20: 87.50 (87.50) and Latex (60% drc): 76 (77).

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