Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon |
| RSS 4 | 115 | 117 |
| RSS 5 | 113.5 | 114.5 |
| Ungraded | 107 | 108 |
| ISNR 20 | 110 | 110 |
| Latex(60% drc) | 85.6 | 87.7 |
Spot Rubber prices rose to Rs 108/kg on Monday.
NMCE Rubber for May delivery closed at 12113 on Monday, up 25 or 0.21%. The short term trend is likely to continue and we expect prices to move higher to 12250-12500 in the next few weeks. On the downside, a break below support at 11900 will see prices reverse the curent uptrend.
Indian futures scenario
| NMCE Futures (Apr contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 11967 | 12025 | 11900 | 11960 |
Tocom (Sep contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 178.8 | 179.8 | 178.5 | 179.8 |
