Spot rubber remains neutral – The Hindu BusinessLine

Spot rubber ongoing to continue being neutral on Wednesday. RSS4 shut constant at ₹133.fifty a…

Spot rubber ongoing to continue being neutral on Wednesday. RSS4 shut constant at ₹133.fifty a kg, according to traders, when it weakened to ₹133.fifty (₹134.00) a kg as for every the Rubber Board. The quality dropped to ₹129.fifty (₹130.00) a kg according to dealers. The craze was partly combined as latex enhanced marginally amidst comparatively better need.

All-natural rubber futures declined further in working day-time trading on the Shanghai Futures Exchange. The in the vicinity of month Oct supply was down by 185 yuan (₹2,003.77) to close at eleven,690 yuan (₹1,26,616.forty three) a tonne.

RSS three (spot) weakened to ₹145.64 (₹146.97) for every kg at Bangkok. SMR 20 dropped to ₹101.forty two (₹102.93) and Latex sixty for every cent to ₹88.90 (₹89.sixteen) for every kg at Kualalumpur.

Spot rubber prices (₹/kg) have been: RSS4 ₹133.fifty (₹133.fifty) RSS5 ₹129.fifty (₹129.fifty) ISNR20 ₹109.00 (₹109.00) and latex (sixty for every cent drc): ₹77.fifty (₹77.00).