Spot rubber improved quoting RSS 4 at ₹ 127.00 (₹126.00) per kg according to traders on Monday. The grade firmed up to ₹126.50 (125.50) per kg as reported by the Rubber Board. The domestic supply concerns and the gains in global markets kept the Commodity firm during the day.
The March futures weakened to ₹128.20 (₹130.21) per kg on the Indian Commodity Exchange (ICEX).
RSS 3 (spot) firmed up to ₹119.67 (₹117.62) per kg at Bangkok.
The March futures bounced back to ₹124.30 (₹120.71) per kg on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (₹/kg) were:
RSS-4: 127.00 (126.00)
RSS-5: 121.50 (120.50)
ISNR 20: 119.50 (118.00)
and
Latex (60% drc): 83.50 (83.00)