India: No fresh buying in rubber

Spot rubber made all-round declines in the absence of fresh enquiries on Thursday. RSS-4 weakened to ₹120 (121) a kg, according to traders and the Rubber Board. The grade dropped to ₹116 (117) a kg, according to dealers. In futures, the April contracts concluded at ₹117.56 (117.78), May at ₹119.66 (119.53), June at ₹121.75 (121.88) and July at ₹122.80 (124.19) on the National Multi Commodity Exchange (NMCE). RSS-3 improved at its April futures to ₹108.51 (106.69) on the TOCOM. Spot rubber rates (₹/kg): RSS-4: 120 (121); RSS-5: 117 (118); ISNR 20: 108 (108.50) and Latex (60% drc): 82.50 (83).