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Friday, December 3, 2021

India: Spot rubber remains neutral

KOTTAYAM, AUGUST 27

Spot rubber continued to remain neutral on Monday. RSS 4 closed unchanged at 134 a kg, according to traders and the Rubber Board. The market was in a holiday mood owing to Sree Narayana Guru Deva Jayanthi.

RSS 4 improved at its September futures to 134.25 (134.04) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) firmed up to 105.91 (105.30)at Bangkok. Its August futures improved to 102.60 (101.83) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (/kg) were: RSS-4: 134 (134); RSS-5: 132 (132); ISNR 20: 132 (132) and Latex (60% drc): 109 (109).

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