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Friday, May 20, 2022

India: Spot rubber declines

KOTTAYAM, OCTOBER 29

Spot rubber made all round declines on Monday. The market lost further on buyer resistance amidst extremely dull volumes. RSS 4 weakened to 126.50 (127) a kg, according to traders and the Rubber Board. RSS 3 (spot) slid to 103.63 (103.83) at Bangkok. Its November futures declined to 95.68 (96.84) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (/kg) were:RSS-4: 126.50 (127); RSS-5: 122 (123); ISNR 20: 114.50 (115) and Latex (60% drc): 92.50 (93.50).

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