Spot rubber closed unchanged on Tuesday. The marketplace opened company however misplaced the preliminary energy afterward weak international cues. But the trend persisted to remain mixed as RSS-5 and ISNR 20 advanced mainly on enquiries from the overall rubber goods area.
RSS-four became quoted consistent at ₹157 a kg by way of investors and the Rubber Board. The grade finished flat at ₹153 a kg, in line with sellers. The usual volumes had been meagre.
Natural rubber futures closed decrease in day time trading on Shanghai Futures Exchange (ShFE) on Monday. The maximum active January 2021 shipping changed into down by using a hundred seventy five Yuan (₹1988.17) to close at 14,365 Yuan (₹163,2 hundred.Sixty six) a tonne.
RSS-3 (spot) weakened to ₹173.Forty (174.90) in keeping with kg at Bangkok. SMR 20 declined to ₹116.Eighty three (118.50), while Latex progressed to ₹109.25 (108.Eighty two) per kg at Kuala Lumpur.
Spot rubber charges (₹/kg): RSS-four:157 (157); RSS-five: a hundred and fifty (149); ISNR 20: 124 (123) and Latex (60% drc): 106 (106).
Bazaarinformation team has many years of experience, covering the physical and future commodities markets with prominent commodity & equity trading advising which shines further with extensive network to get research from ground levels to generate proper reporting and movements. We are able to get evens out of odds in volatile markets and stockings. ...
