Comments
Spot rubber turned better on Tuesday as sellers stayed back expecting a short term recovery in the market. RSS 4 improved to ₹141 (140) a kg according to traders and the Rubber Board. The grade firmed up to ₹138.00 (137) as reported by the dealers. The trend continued to be mixed and volumes low. May contracts concluded at ₹142.30 (142.85), June at ₹147.15 (147.02), July at ₹148.40 (147.78) and August at ₹146.97 (143) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) firmed up at ₹144.43 (143.74) at Bangkok. May futures declined to ¥.263.1 (₹153.23) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg) follow: RSS-4: 141 (140); RSS-5: 137 (136); Ungraded: 125.50 (124.50); ISNR 20: 122 (122) and Latex (60% drc): 94 (94).
Comments
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.