![[Geojit Comtrade] Daily report on Natural Rubber: October 30, 2012](https://img.globalrubbermarkets.com/2024/08/geojit-comtrade-daily-report-on-natural-rubber-october-30-2012.jpg?fit=254%2C336&ssl=1)
KOTTAYM, DEC 12:
Physical rubber prices improved on Wednesday. The local market seemed to be moving in tandem with the moderate gains in the domestic and international rubber futures.
According to observers, enquiries from the major consuming industries and the absence of quantity sellers helped the prices to rule firm on late trades
Meanwhile in the global scene, the Tokyo rubber futures edged higher near to a two-month high, supported by a weaker yen and strong Asian stock markets.
In spot, sheet rubber improved to Rs.164.00 (162.00) a kg both at Kottayam and Kochi according to traders and the Rubber board. The trend was partially mixed.
In futures, the December series recovered to Rs 166.20 (Rs 164.76), January to Rs 168.05 (Rs 166.92), February to Rs 170.59 (Rs 169.33) and March to Rs 172.88 (Rs 171.99) while the May series declined to Rs 174.55 (Rs 177.15) on the National Multi Commodity Exchange (NMCE).
RSS 3 (spot) firmed up to Rs 165.92 (Rs 164.97) a kg at Bangkok.
The December futures increased to ¥257.5 (Rs 168.60) from ¥252.7 during the day session and then to ¥258.5 (Rs 169.26) in the night session on Tokyo Commodity Exchange (TOCOM).
The spot rubber rates Rs/kg were: RSS-4: 164.00 (162.00); RSS-5: 158.00 (156.00); Ungraded: 154.00 (152.00); ISNR 20: 154.00 (154.00) and Latex 60%: 106.00 (106.00).
Source: Business Line
