Spot rubber prices ruled firm on Tuesday. Most counters finished higher extending Monday’s gains as sentiments remained positive, while RSS 4 was flat lacking follow-up buying at higher levels.
Sheet rubber closed steady at ₹145 a kg, according to traders. The grade improved to ₹145 (₹144) and ₹142 (₹141) respectively, as quoted by the Rubber Board and dealers. June futures inched up to ₹148.85 (₹148.64), July to ₹150.25 (₹149.84), while the rubber mini June futures weakened to ₹148.01 (₹148.64) on the National Multi Commodity Exchange.
RSS 3 (spot) dropped to ₹122.53 (₹122.93) at Bangkok. May futures closed at ¥193.8 (₹112.42) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg) were: RSS-4: 145 (145); RSS-5: 142 (141); Ungraded: 138 (137); ISNR 20: 137 (136) and Latex 60%: 116 (115).
– The Hindu
