19.4 C
New York
Saturday, October 16, 2021

India: Spot rubber weakens further

Spot rubber weakened further on Friday. RSS 4 declined to ₹118 (₹119) a kg, according to traders and the Rubber Board. The grade dropped to ₹115 (₹116) as reported by the dealers.

October futures improved to ₹117.30 (₹117.07), November to ₹117.40 (₹117.17) and December to ₹117.66 (₹117.40)while the January futures weakened to ₹117.25 (₹118.94) on the National Multi Commodity Exchange. RSS 3 (spot) surrendered to ₹107.06 (₹108.82)at Bangkok. October futures dropped to ¥169.0 (₹111.26) on the Tokyo Commodity Exchange. Spot rubber rates ₹/kg were: RSS-4: 118 (119); RSS-5: 113.50 (115); Ungraded: 100 (101); ISNR 20: 97 (97.50) and Latex (60% drc): 74 (75).

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

10,814FansLike
12,893FollowersFollow
756FollowersFollow
- Advertisement -

Latest Articles

Popular Articles