Spot rubber prices rules regular by admin- Thursday, January 14th, 2021 08:08:46 AM
Spot rubber completed flat no matter a firm ultimate in remote places markets on Wednesday. The commodity persevered to enjoy an improvement in arrivals but it controlled to sustain on the prevailing stages considering covering customers procured the raw fabric at lower ranges.
RSS 4 closed unchanged at ₹one hundred fifty.00 a kg consistent with buyers and the Rubber Board. The grade turned into quoted consistent at ₹146.00 a kg by means of sellers. The fashion was partially combined as latex explored in addition highs on enquiries from the non tyre quarter.
In futures, the front month January transport progressed by using 0.21 in step with cent to ₹152.50 (152.18) according to kg at the Multi Commodity Exchange (MCX).
The natural rubber contract for January delivery was up with the aid of 50 Yuan (₹565.62) to shut at thirteen,985 Yuan (₹1,fifty eight,194.Seventy one) a tonne on Shanghai Futures Exchange (ShFE).
RSS three (spot) firmed up to ₹159.61 (158.Ninety five) according to kg at Bangkok. SMR 20 advanced to ₹one hundred fifteen.Seventy six (113.56) and Latex to ₹103.01 (102.39) per kg at Kualalumpur.
Spot rubber prices (₹/kg) were – RSS4:a hundred and fifty.00 (one hundred fifty.00); RSS5: 140.00(140.00); ISNR20: 124.00 (124.00) and Latex (60% drc): 109.00 (108.00).