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Sunday, May 29, 2022

India: Spot rubber stays flat

KOTTAYAM, OCTOBER 17

Spot rubber continued to remain neutral on Wednesday. RSS 4 finished flat at 127.50 a kg, according to traders and the Rubber Board. The transactions were in an extremely low key. RSS 4 weakened at its November futures to 128.50 (128.79)on the Indian Commodity Exchange (ICEX). RSS 3 (spot) dropped to 106.91 (107.34) at Bangkok. Its October futures improved to 103.94 (102.98) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (/kg) : RSS-4: 127.50 (127.50); RSS-5: 122.50 (122.50); ISNR 20: 115 (115) and Latex (60% drc): 98 (98).

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