India: Spot rubber remains weak

Spot rubber was weak on Thursday. RSS 4 dropped to ₹128.50 (129) a kg, according to traders and the Rubber Board. The trend was partially mixed. RSS 3 (spot) slid to ₹105.31 (106) at Bangkok. October futures declined to ₹90.35 (92.04) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg) were: RSS-4: 128.50 (129); RSS-5: 124.50 (125); ISNR 20: 116 (117) and Latex (60% drc): 101.50 (101.50).