Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Fri | Mon |
RSS 4 | 119 | 118.5 |
RSS 5 | 116 | 115 |
Ungraded | 103 | 100 |
ISNR 20 | 105 | 105 |
Latex(60% drc) | 89.8 | 87.7 |
Spot Rubber prices declined to Rs 103/ kg on Monday.
NMCE Rubber Sep contract traded down on selling pressure from traders. It is likely to trade on a sideways to bearish note in next trading session. Trading range for next trading session is seen between 11850-11550 and either side break out will give clear direction to the prices.
Indian futures scenario
NMCE Futures (Aug contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11800 | 11830 | 11721 | 11730 |
Tocom (Jan contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 198 | 198.4 | 196.1 | 196.3 |