Spot rubber closed unchanged on Monday. The market managed to sustain at the prevailing levels following a better closing in domestic futures on the National Multi Commodity Exchange (NMCE)RSS 4 was quoted steady at ₹118 a kg, by traders. The daily reference price for the grade slid to ₹125.05 (₹125.60) according to the Rubber Board. February futures improved to ₹118.72 (₹117.94), March to ₹119.50 (₹118.80) and April to ₹121 (₹119.99) on the NMCE. RSS 3 (spot) weakened to ₹104.20 (₹104.66) at Bangkok. January futures closed at ¥182.4 (₹96.08) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 118 (118); RSS-5: 108 (108); Ungraded: 98 (98); ISNR 20: 106 (106) and Latex 60%: 78 ( 78).
– The Hindu