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Friday, May 20, 2022

India: Spot rubber ends firm

KOTTAYAM, MAY 11

Spot rubber finished firm on Friday. RSS-4 improved to 122.50 (122) a kg, according to traders and the Rubber Board. The grade was quoted marginally higher at 118.50 (118) by dealers. In futures, the May series weakened to 122.40 (122.73), June to 126 (126.82) and July to 128.10 (129.12) on the National Multi Commodity Exchange (NMCE). RSS-3 (spot) slid to 118.03 (118.71) at Bangkok. May futures improved to 110.25 (109.50) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (/kg): RSS-4: 122.50 (122); RSS-5: 120 (119.50); ISNR 20: 116.50 (115.50) and Latex (60% drc): 85.50 (85.50).

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