Natural Rubber
Kottayam Spot (Rs/kg) current week
Variety | Mon | Tue | Wed | Thu |
RSS 4 | 106.5 | 106 | 105.5 | 105 |
RSS 5 | 105 | 104.5 | 104 | 103.5 |
Ungraded | 92 | 91 | 91 | 91 |
ISNR 20 | 87 | 86.5 | 86.5 | 86.5 |
Latex(60% drc) | 80.3 | 79.8 | 79.25 | 78.7 |
Spot Rubber prices steady at Rs 91/kg on Thursday.
NMCE Rubber Dec contract declined 85 points or 0.80% to close at 10475 on Thursday. Prices continue to remain within the trading range of 10450-10650 and we don’t expect directional movement unless the range is broken. Prices are expected to trade with a neutral-negative bias in intraday.
Indian futures scenario
NMCE Futures (Dec contract, INR) | ||||
Day | Open | High | Low | Close |
Mon | 10600 | 10645 | 10590 | 10600 |
Tue | 10650 | 10650 | 10440 | 10515 |
Wed | 10575 | 10600 | 10530 | 10560 |
Thu | 10589 | 10589 | 10450 | 10475 |
Tocom (May contract Yen/ Kilogram)
Day | Open | High | Low | Close |
Mon | 162.8 | 162.8 | 160.9 | 162 |
Tue | 163.7 | 165.5 | 162.6 | 165.5 |
Wed | 168.7 | 169.8 | 168.4 | 168.8 |
Thu | 171.6 | 171.6 | 169.5 | 169.7 |