Spot rubber closed unchanged consecutively for the third day on Thursday. RSS four turned into quoted regular at ₹153 consistent with kg by investors and the Rubber Board. The grade finished flat at ₹149 per kg, consistent with sellers. The trend become in part mixed as Latex advanced specifically on enquiries from the overall rubber goods zone.

In futures, the herbal rubber settlement for January delivery declined to ₹152.Sixty six (154.39) consistent with kg at the Multi Commodity Exchange (MCX).
Experts have warned that the evolution of the global coronavirus pandemic and geopolitical tensions among the US and China will preserve to reverberate all through the arena for a while, even after the virus is added under manage and bilateral tensions ease.

Meanwhile, stocks and commodities made wholesome gains in main remote places markets on optimism approximately the US President Joe Biden’s monetary and Covid healing plans, reviews said.

The maximum active herbal rubber settlement for May 2021 delivery changed into up via 55 Yuan (₹621.27) from Wednesday’s settlement fee to shut at 14,745 Yuan (₹166,548.95) a tonne in day time trading on Shanghai Futures Exchange (ShFE).

RSS 3 (spot) dropped to ₹a hundred and sixty.28 (161.Fifty three) in line with kg at Bangkok. SMR 20 progressed to ₹117.Fifty three (116.Eighty two ) and Latex to ₹one hundred and one.04 (100.Sixty two) in line with kg at Kuala Lumpur.

Spot rubber quotes (₹/kg): RSS4:153 (153); RSS5: a hundred and forty four (144); ISNR20: 127 (127) and Latex (60% drc): 112 (111.50).