Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Fri | Mon |
| RSS 4 | 121 | 125 |
| RSS 5 | 118.5 | 122.5 |
| Ungraded | 112 | 118 |
| ISNR 20 | 115 | 118 |
| Latex(60% drc) | 94.05 | 95.1 |
Spot Rubber prices rose to Rs 118/kg on Monday.
NMCE Rubber rallied sharply to close at 13240 on Monday, up 509 or 4.0%. The near term outlook continues to remain positive but we cannot rule out the possibility of a minor profit booking move. A reversal in trend is seen only on a breakdown below immediate support at 12800.
Indian futures scenario
| NMCE Futures (Apr contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 12800 | 13174 | 12800 | 13174 |
Tocom (Sep contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 187 | 190.2 | 186.1 | 188.3 |
