Spot rubber made all-spherical profits on Thursday. RSS four improved to Rs 132.50 (132.00) in keeping with kg, in keeping with traders and the Rubber Board. The grade firmed up to Rs 128.50 (128.00) per kg, sellers said. Sentiment were given a lift on covering purchases at lower tiers, on expectation that the tyre businesses wouldjoin the buyers’ queue soon.

The January futures advanced to Rs 138.12 (137.24), February to Rs 139.30 (138.Seventy five) and March to Rs 141.42 (a hundred and forty.82) consistent with kg at the Indian Commodity Exchange (ICEX). The close to month January futures become up via zero.64 per cent, with a quantity of a hundred sixty five lots and a complete change value of 225.Ninety seven lakh.

“Technically rubber got help at Rs 13,670.00 and Rs thirteen,790.00 ranges. The next resistance is likely to be visible at Rs thirteen,990.00 and a pass above the identical ought to raise fees to the Rs 14,070.00 level,” said Ajay Kedia, Director, Kedia Advisory.

RSS three (spot) weakened to Rs 116.13 (117.08) according to kg at Bangkok. The January futures declined to Rs one hundred fifteen.17 (117.14), February to Rs 117.45 (120.38) and March to Rs 122.Sixty seven (125.79) in keeping with kg on the Tokyo Commodity Exchange (TOCOM).

Spot rubber prices (Rs/kg) had been:

RSS-four: 132.50 (132.00)

RSS-five: 127.00 (126.50)

ISNR 20: 113.50 (113.00)

and

Latex (60% drc): 85.50 (eighty five.00)