India: Mixed trend in spot rubber

Spot rubber was in a mixed trend on Monday. RSS 4 finished flat at ₹120 a kg, according to traders. The grade slid to ₹120.50 (121) according to the Rubber Board. Meanwhile, latex improved on enquiries from the non tyre sector though the overall volumes were dull. December futures surrendered to ₹120.58 (122.39) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) declined to ₹97.04 (98.49) at Bangkok. November futures weakened to ₹84.43 (85.66) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 120 (120); RSS-5: 115 (116); ISNR 20: 109 (110) and Latex (60% drc): 83.50 (82.50).