Spot rubber showed mixed mood on Monday. There were no quantity buyers and the commodity continued to remain subdued. RSS 4 closed unchanged at ₹120 a kg, according to traders.
The daily reference price was quoted marginally higher at ₹127.30 (126.55) by the Rubber Board. February futures closed at to ₹118.25 (118.05), March at ₹119.37 (119.15) on the National Multi Commodity Exchange. RSS 3 (spot) improved to ₹106.08 (₹105.47) a kg at Bangkok. February futures firmed up to ¥199.6 (₹104.91) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: ₹120 (120); RSS-5: ₹109 (110); Ungraded: ₹99 (102); ISNR 20: ₹105 (106) and Latex (60% drc): ₹78 (78).
– The Hindu