The domestic rubber prices were weak on Friday. In spot, the most active counters RSS 4 and ISNR 20 lost ground following the disappointing reports from futures. Sheet rubber dropped to ₹126.50 (₹127) a kg, according to traders and the Rubber Board. The grade slipped to ₹123.50 (₹124), according to dealers. The September futures declined to ₹125.30 (₹126.07), October to ₹123.74 (₹124.66), November to ₹123.60 (₹124.57) and December to ₹124.20 (₹125.01) on the National Multi Commodity Exchange. RSS 3 (spot) slid to ₹107.34 (₹107.59) at Bangkok. September futures closed at ¥185.3 (₹106.46) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 126.50 (127); RSS-5: 122 (122); Ungraded: 110 (110); ISNR 20: 106.50 (107) and Latex 60%: 88.50 (88.50).
– The Hindu
