Mixed trend in rubber market

Place rubber showed blended pattern on Tuesday. RSS-four continued to rule continual at ₹114 and ₹115 for each kg, respectively, according to traders and the Rubber Board. Having said that, ISNR 20 dropped even further on really small need but latex strengthened even further on enquiries from the general rubber merchandise sector. Over-all volumes have been small.

In futures, June contracts improved to ₹116.sixty five (113.36) and July to ₹116.03 (112.eighty) for each kg on the Indian Commodity Trade (ICEX). The near month July was up by two.90 for each cent with a volume of eighty five plenty and total trade price of ₹98.seventeen lakh.

RSS-3 (place) weakened to ₹106.31 (106.63) for each kg at Bangkok. Its June futures firmed up to ₹97.04 (ninety six.fifty six) and July to ₹101.89 (one zero one.45) on the Tokyo Commodity Trade (TOCOM).

Place rubber fees (₹/kg): RSS-four: 114 (114) RSS-5: 108 (108) ISNR

Read More