India: Spot rubber continues to hold firm

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Spot rubber continued to rule firm on Tuesday. RSS 4 improved to ₹135.50 (135) a kg according to traders and the rubber Board The grade firmed up to ₹132.50 (132) on short supplies as reported by the dealers.

September futures declined to ₹137.50 (138.21), October to ₹136.33 (138.06), November to ₹136.85 (138.28) and December to ₹139 (139.92) on NMCE.

RSS 3 (spot) weakened to ₹122.36 (123.80) at Bangkok. September futures improved to ₹129.98 (129.24) on TOCOM. Spot rates (₹/kg) were: RSS-4: 135.50 (135); RSS-5: 132 (131); ISNR 20: 117.50 (117.50) and Latex (60% drc): 83.50 (83).