Spot rubber had heavy losses on Tuesday. RSS 4 declined to ₹131 (136) and ₹133 (136) in step with kg respectively in keeping with investors and the Rubber Board. Certain tyre agencies sold the uncooked materiel even beneath ₹130 in line with kg on early trades however they stored a totally low profile. October futures weakened to ₹125.Sixty one (127.32) consistent with kg on the Indian Commodity Exchange (ICEX).
RSS three (spot) inched up to ₹109.35 (109.23) according to kg at Bangkok. September futures bounced back to ₹a hundred and fifteen.29 (108.91) consistent with kg at the Tokyo Commodity Exchange (TOCOM). Spot rubber prices (₹/kg) : RSS-4: 131 (136); RSS-5: 129 (131); ISNR 20: 110 (111) and Latex (60% drc): 105 (106.75).
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