India: Spot rubber remains weak

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Spot rubber continued to remain weak on Tuesday. RSS 4 slid to ₹138.50 (139) a kg according to traders and the Rubber Board. The grade dropped to ₹135.50 (136) according to dealers. RSS 3 (spot) firmed up to ₹117.03 (116.51) at Bangkok. July futures improved to ₹119.07 (117.62) on TOCOM. Spot rubber rates follow (in ₹/kg) : RSS-4: 138.50 (139); RSS-5: 135.50 (136); ISNR 20: 129.50 (130) and Latex (60% drc): 91 (91).