Downward trend resumes in spot rubber by admin- Friday, October 11th, 2019 07:37:41 AM
Spot rubber resumed the downward journey on Thursday. RSS four declined to ₹119 (a hundred and twenty) according to kg in step with investors and the Rubber Board. The fashion endured to stay blended as ISNR 20 regained power on enquiries from the non tyre quarter. October futures slid to ₹121.06 (121.12) in line with kg at the Indian Commodity Exchange (ICEX). RSS 3 (spot) firmed as much as ₹102.33 (101.37) in line with kg at Bangkok. Its October futures stepped forward to ₹ninety nine.Forty (ninety nine.Eleven) in line with kg at the Tokyo Commodity Exchange (TOCOM).
Spot rubber fees (₹/kg): RSS-4: 119 (a hundred and twenty); RSS-five: 117 (118); ISNR 20: one hundred and five (104) and Latex (60% drc): 104.50 (one hundred and five.Seventy five).