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Saturday, October 23, 2021

India: No fresh buying in rubber

KOTTAYAM, APRIL 12

Spot rubber made all-round declines in the absence of fresh enquiries on Thursday. RSS-4 weakened to 120 (121) a kg, according to traders and the Rubber Board. The grade dropped to 116 (117) a kg, according to dealers. In futures, the April contracts concluded at 117.56 (117.78), May at 119.66 (119.53), June at 121.75 (121.88) and July at 122.80 (124.19) on the National Multi Commodity Exchange (NMCE). RSS-3 improved at its April futures to 108.51 (106.69) on the TOCOM. Spot rubber rates (/kg): RSS-4: 120 (121); RSS-5: 117 (118); ISNR 20: 108 (108.50) and Latex (60% drc): 82.50 (83).

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