Spot rubber ends flat by admin- Tuesday, September 22nd, 2020 07:46:18 AM
The home rubber prices finished flat on Monday. The marketplace persisted to be afflicted by acute short substances following considerable rains all around the plantation areas however the commodity did not regain energy on muted call for from the tyre makers.
RSS4 closed steady at ₹133.00 a kg in line with buyers and the Rubber Board. The grade turned into quoted unchanged at ₹129.00 a kg by way of Dealers. The trend was in part mixed as Latex advanced a tad on enquiries from the general rubber goods area.
Natural rubber futures ended in inexperienced in day time trading at the Shanghai Futures Exchange (SHFE) on Monday. The close to month October delivery become up by using 10 Yuan (₹108.32) to close at eleven,695 Yuan (₹126,680.95) a tonne.
RSS 3 (spot) advanced to ₹145.Seventy one (144.Ninety one) according to kg at Bangkok. SMR 20 slid to ₹one zero one.30 (one zero one.33) even as Latex 60% inched up to ₹88.97 (88.96) in keeping with kg at Kualalumpur.
Spot rubber rates (Rs/kg) have been: RSS4:133.00 (133.00); RSS5: 128.00 (128.00); ISNR20: 108.00 (108.00) and Latex (60% drc): 77.00 (76.50).