India: Spot rubber remains weak

Spot rubber continued to remain weak on Tuesday. RSS-4 declined to ₹133 (134) a kg, according to traders and the Rubber Board. The trend was partially mixed and the volume was low. RSS-4 weakened at its September futures to ₹131.60 (132.60)on the National Multi Commodity Exchange (NMCE). RSS-3 improved at its September futures to ₹100.37 (100.13) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg) were: RSS-4: 133 (134); RSS-5: 131 (132); ISNR 20: 132 (132) and Latex (60% drc): 114 (114).