Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue |
RSS 4 | 114 | 114 |
RSS 5 | 111.5 | 111.5 |
Ungraded | 104 | 104 |
ISNR 20 | 103.5 | 102.5 |
Latex(60% drc) | 86.65 | 86.65 |
Spot Rubber prices steady at Rs 104/kg on Tuesday.
NMCE Rubber Nov contract traded positive after gap down opening. Overall traders are running with bear and waiting for bulls to enter the race. It is likely to follow the same trend in next trading session as well. Trading range for next trading session is seen between 11100-11450 and sustaining below the same might trade lower.
Indian futures scenario
NMCE Futures (Nov contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 11350 | 11350 | 11280 | 11305 |
Tue | 11250 | 11300 | 11200 | 11282 |
Tocom (Apr contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 165.2 | 165.2 | 162.5 | 163.1 |
Tue | 158.9 | 159.7 | 157.5 | 159.4 |