Latex slips on buyer resistance; other grades mixed

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KOTTAYAM, NOVEMBER 5

Spot rubber was in a mixed mood on Monday. RSS 4 finished unchanged at ₹125.50 a kg, according to traders and the Rubber Board. Meanwhile, ISNR 20 and latex lost further on buyer resistance and the overall volumes continued to remain low. December futures weakened to ₹125.74 (126.62) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) declined to ₹100.75 (102.25) at Bangkok. Its November futures dropped to ₹91.31 (92.21) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 125.50 (125.50); RSS-5: 120.50 (120.50); ISNR 20: 113 (113.50) and Latex (60% drc): 85.50 (86.50).