Spot rubber continued to rule almost unchanged on Monday. Sentiments were neutral as most traders were hesitant to enlarge their commitments following another weak closing in domestic futures on the National Multi Commodity Exchange. Sheet rubber closed steady at ₹148 a kg, according to traders and the Rubber Board. The grade was quoted flat at ₹145 by dealers. April contracts weakened to ₹144.20 (145.36), May to ₹148.24 (149.14) and June to ₹150.70 (151.11) while the July contracts firmed up marginally to ₹152.45 (152.00) a kg on the NMCE. RSS 3 improved at its April futures from ¥ 248.8 a kg to ¥ 250 (₹146) in the night session on the Tokyo Commodity Exchange.
Physical rubber rates (₹/ kg) were – RSS-4: 148 (148); RSS-5: 144 (144.00); Ungraded: 140 (140); ISNR 20: 140 (140.50); and Latex 60%: 118 (117).
