Spot rubber remains regular

Spot rubber remains regular

by admin- Tuesday, December 3rd, 2019 07:45:39 AM

Spot rubber continued to remain impartial on Monday. RSS four changed into quoted steady at Rs.130.00 a kg with the aid of traders. The grade finished unchanged at ₹126.50 and ₹130.50 according to kg respectively according to sellers and the Rubber Board. The marketplace misplaced its course amidst stupid volumes.

The commodity ended on a consistent be aware over the past weekend session as there were no real shoppers or sellers inside the nearby trading homes to set a specific fashion in the market. According to observers, the tyre makers preferred to sideline the market as they have been at ease with their stockpiles.

The December futures firmed as much as ₹133.07 (132.18), January to ₹134.35 (133.40) and February to ₹136.97 (134.88) in step with kg on the Indian Commodity Exchange (ICEX). .

RSS 3 (spot) progressed to ₹one hundred ten.70 (109.64) in line with kg at Bangkok. The December futures weakened to ₹109.21 (one hundred ten.04), January to ₹108.22 (109.65) and February to ₹111.Forty nine (112.Forty) according to kg on the Tokyo Commodity Exchange (TOCOM).

Spot rubber fees (₹/kg) were:

RSS-four: one hundred thirty.00 (one hundred thirty.00)

RSS-5: 127.50 (127.50)

ISNR 20: 119.50 (119.50)

and Latex (60% drc): 89.50 (89.50)

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