Spot rubber was mixed on Monday. While all major counters lost ground following a drop in global trendsetting market, sheet rubber closed unchanged in an inactive trading session. According to sources, there were no buyers for the grade even at lower levels. RSS 4 was quoted steady at ₹117 a kg by traders and the Rubber Board. The grade finished unchanged at ₹114, according to dealers. December futures weakened to ₹115.14 (116.24), January to ₹116.20 (117.26) and February to ₹117.03 (118.33) on the National Multi Commodity Exchange. RSS 3 (spot) declined to ₹97.92 (99.28) a kg at Bangkok. December futures weakened to ¥183.5 (₹96.13) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 117 (117); RSS-5: 112 (113); Ungraded: 103 (104); ISNR 20: 99.50 (100.50) and Latex 60%: 84.50 (87).
– The Hindu
