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Monday, January 17, 2022

India: Spot rubber stays unchanged

Spot rubber was almost steady on Monday. RSS 4 finished unchanged at ₹133 and ₹130 a kg respectively, according to Rubber Board and dealers. But the grade slid to ₹132 (133), according to traders.

The volumes were low. June futures declined to ₹129.50 (131.22), July to ₹127.50 (131.21), August to ₹127.20 (130.13) and September to ₹126.01 (129.61) a kg on the National Multi Commodity Exchange. RSS 3 (spot) weakened to ₹98.60 (100.67) at Bangkok. June futures surrendered to ¥151.5 (₹95.82) a kg on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 132 (133); RSS-5: 129 (129); Ungraded: 110 (110); ISNR 20: 115 (115) and Latex (60% drc): 100 (100).

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