India: Spot rubber turns weak

Spot rubber turned weak on Tuesday. RSS 4 dropped to ₹119 (₹119.50) a kg, according to traders and the Rubber Board. RSS 4 declined at its December futures to ₹121.50 (₹123.03) a kg on the Indian Commodity Exchange (ICEX). RSS 3 (spot) firmed up to ₹95.43 (₹94.62) a kg at Bangkok. Spot rubber rates (₹/kg) : RSS-4: 119.00 (119.50); RSS-5: 116.50 (117.00); ISNR 20: 108.50 (108.50) and Latex (60% drc): 81.50 (81.50).