Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue |
RSS 4 | 111 | 111.5 |
RSS 5 | 106 | 107 |
Ungraded | 96 | 95 |
ISNR 20 | 98 | 98 |
Latex(60% drc) | 80.3 | 81.35 |
Spot Rubber prices declined to Rs 95/kg on Tuesday.
NMCE Rubber Oct contract traded higher and closed at Rs 11349. It is likely to witness some selling pressure at higher levels in next trading session. Prices has good support at 11120 and resistance at 11500.
Indian futures scenario
NMCE Futures (Sept contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11198 | 11300 | 11150 | 11282 |
Tue | 11200 | 11375 | 11200 | 11350 |
Tocom (Feb contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 167.8 | 168.9 | 166.2 | 168.9 |
Tue | 170.9 | 173.4 | 170.8 | 173.1 |