India: Spot rubber closes unchanged

Spot rubber closed unchanged following a weak closing in global markets on Thursday. RSS 4 finished flat at ₹128 a kg, according to traders and the Rubber Board. July futures slid to ₹128 (129.19), August to ₹128.40 (129.69) and September to ₹128.50 (129.28) on the National Multi Commodity Exchange. RSS-3 (spot) weakened to ₹103.88 (104.05) at Bangkok.

Its July futures declined to ₹99.56 (102.04) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 128 (128); RSS-5: 125.50 (125.50); ISNR 20: 127 (127) and Latex (60% drc): 82.50 (82.50).