Spot rubber stays constant

Spot rubber stays constant

by admin- Thursday, December 5th, 2019 07:48:16 AM

Spot rubber endured to stay constant on Wednesday. RSS four finished flat at ₹one hundred thirty.00 a kg, in step with buyers. The grade become quoted unchanged at ₹130.50 and ₹126.50 in line with kg respectively by means of the Rubber Board and dealers. The fashion changed into partly mixed as RSS five misplaced marginally on customer resistance, while the overall volumes have been stupid in a lacklustre buying and selling consultation.

The December futures weakened to ₹132.44 (₹132.Seventy six) and January to ₹133.16 (₹133.95) at the same time as the February futures advanced to ₹136.Sixty three (₹136.33) in keeping with kg at the Indian Commodity Exchange (ICEX). .

RSS 3 (spot) inched as much as ₹110.Sixty four (a hundred and ten.63) according to kg at Bangkok. The December futures declined to ₹110.26 (₹111.27), January to ₹a hundred and ten.33 (₹a hundred and ten.75) and February to ₹112.38 (₹112.80) per kg at the Tokyo Commodity Exchange (TOCOM).

Spot rubber prices (Rs/kg) were:

RSS-4: 130.00 (a hundred thirty.00)

RSS-5: 127.00 (127.50)

ISNR 20: 119.50 (119.50)

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

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