Spot rubber showed a mixed mood on Tuesday. The undercurrent was weak following the overall declines in domestic futures and global trendsetters. The volumes continued to be low. RSS 4 was quoted steady at ₹93 a kg, by traders. The grade slipped to ₹93 (₹93.50) and ₹90 (₹90.50) respectively, according to the Rubber Board and the dealers. February futures declined to ₹92.15 (₹95.60), March to ₹94.40 (₹97.81), April to ₹97.33 (₹100.34) and May to ₹100(₹101.34) on the National Multi Commodity Exchange. RSS 3 (spot) dropped to ₹85.41 (₹86.38) at Bangkok. February futures closed at ¥150.5(₹84.67) on the Tokyo Commodity Exchange. Spot rubber rates ₹/ kg follow: RSS-4: 93 (93); RSS-5: 89 (89.50); Ungraded: 81 (83); ISNR 20: 84(84) and Latex (60% drc): 79 (79).
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.