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).
Mixed trend in spot rubber
Published on
February 2, 2016 17:42
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