Spot rubber resulted in pink on Monday. RSS-four declined to ₹114 (116) a kg, consistent with traders at the same time as it turned into quoted unchanged at ₹116 via the Rubber Board. “Only some dealers were lively in the marketplace and it may take more than one days for a clean trend to emerge and the volumes to enhance,” an observer stated.

Rubber futures on the ICEX persevered to remain below strain as spot prices made all-spherical declines on purchaser resistance. The commodity is probably to explore further lows if the home and worldwide trendsetters hold to rule weak amid Covid-19 fears, analysts said.

The June contracts slid to ₹112.14 (112.63) a kg on the Indian Commodity Exchange (ICEX). The contracts have been down by using 0.Forty four in keeping with cent with a quantity of 103 masses and total trade cost of ₹a hundred and fifteen.25 lakh.
RSS-three (spot) firmed up to ₹104.69 (104.14) in step with kg at Bangkok. The May futures weakened to ₹98.15 (99.22) and June to ₹one hundred (100.Sixty four) a kg at the Tokyo Commodity Exchange. SMR20 dropped to ₹eighty two.Seventy four (eighty two.89), even as Latex 60 in keeping with cent progressed to ₹76.31 (seventy five.Eighty five) at Kuala Lumpur.

Spot rubber (₹/kg): RSS-four: 114 (116); RSS-5: 108 (a hundred and ten); ISNR 20: 106 (108) and Latex (60% drc): seventy seven.50 (seventy eight.20).