Spot rubber showed blended trend on Tuesday. RSS-four ongoing to rule constant at ₹114 and ₹115 per kg, respectively, according to traders and the Rubber Board. However, ISNR 20 lost even further on really low demand but latex strengthened even further on enquiries from the typical rubber goods sector. All round volumes have been low.
In futures, June contracts enhanced to ₹116.65 (113.36) and July to ₹116.03 (112.80) per kg on the Indian Commodity Trade (ICEX). The in the vicinity of month July was up by 2.90 per cent with a quantity of eighty five a lot and complete trade benefit of ₹98.17 lakh.
RSS-three (place) weakened to ₹106.31 (106.sixty three) per kg at Bangkok. Its June futures firmed up to ₹97.04 (96.56) and July to ₹101.89 (101.45) on the Tokyo Commodity Trade (TOCOM).
Spot rubber fees (₹/kg): RSS-four: 114 (114) RSS-five: 108 (108) ISNR 20: a hundred and five (106) and Latex (sixty% drc): 82 (80.fifty).
Published on
May perhaps 26, 2020
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