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Monday, May 23, 2022

India: Spot rubber closes unchanged

KOTTAYAM, AUGUST 20

Spot rubber closed unchanged on Monday. RSS 4quoted steady at 133 a kg, by traders. The grade improved to 133.50 (132.50) according to the Rubber Board. The trend was mixed as latex firmed up further to 93 (91) on accute short supplies. RSS 4 improved at its September futures to 133 (132.79) on the National Multi Commodity Exchange (NMCE).

RSS 3 (spot) firmed up to 104.50 (103.87) at Bangkok. Its August futures improved to 102.44 (101.49) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (/kg) were: RSS-4: 133 (133); RSS-5: 131 (131); ISNR 20: 129 (129) and Latex (60% drc): 93 (91).

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