Natural Rubber
Kottayam Spot (Rs/kg) current week
| Variety | Mon | Tue | Wed | Thu |
| RSS 4 | 135 | 134 | 133 | 132 |
| RSS 5 | 133 | 132 | 130 | 129 |
| Ungraded | 114 | 113 | 110 | 109 |
| ISNR 20 | 123 | 122 | 120.5 | 120 |
| Latex(60% drc) | 104.6 | 104.6 | 104.6 | 103.55 |
Spot Rubber prices declined to Rs 109/kg on Wednesday.
NMCE Rubber closed at 12730 on Thursday, down 287 points or 2.20%. Prices are likely to decline further to test support levels near 12500-12400 in coming sessions. Traders with short positions are advised to hold positions with stop losses above 13000. Fresh selling may be considered below 12600 while longs are not advisable at current levels.
Indian futures scenario
| NMCE Futures (May contract, INR) | ||||
| Day | Open | High | Low | Close |
| Mon | 13801 | 13801 | 13421 | 13440 |
| Tue | 13351 | 13534 | 13100 | 13150 |
| Wed | 12900 | 12931 | 12880 | 12930 |
| Thu | 12950 | 12950 | 12636 | 12660 |
Tocom (Oct contract Yen/ Kilogram)
| Day | Open | High | Low | Close |
| Mon | 180 | 181.2 | 180 | 181 |
| Tue | 182.3 | 182.5 | 181.8 | 182.4 |
| Wed | 181.1 | 182.1 | 180 | 182.1 |
| Thu | 181.6 | 181.7 | 180.1 | 180.7 |
