Spot rubber remains flat in uneven change Spot rubber completed flat on by admin- Thursday, March 4th, 2021 08:06:00 AM
Wednesday. Sentiments remained impartial no matter a marginal restoration in Bangkok spot and home futures, as maximum buyers favored to live farfar from a uneven marketplace. RSS four changed into quoted constant at ₹159.50 consistent with kg through buyers and the Rubber Board. The grade closed unchanged at ₹154.50 consistent with kg, in step with dealers. The volumes persisted to stay low. In futures, the March transport closed a tad better at ₹162.50 (162.14) consistent with kg at the Multi Commodity Exchange (MCX). RSS three (spot) progressed to ₹167.31 (166.12) consistent with kg at Bangkok. SMR 20 bounced lower back to ₹128.05 (124.46), even as Latex inched up to ₹124.37 (124.19) at Kuala Lumpur. The maximum energetic herbal rubber settlement for May transport changed into down 60 Yuan (₹676.02) from preceding day’s agreement charge to shut at 15,540 Yuan (₹175,091.72) a tonne in day time buying and selling on Shanghai Futures Exchange (ShFE). As consistent with reports, the costs seemed to be in a restoration mode. Spot rubber rates (₹/kg): RSS four:159.50 (159.50); RSS five: 154 (154); ISNR 20: 149.50 (149.50) and Latex (60% drc): 125 (125).