July 19, 2024


Built Business Tough

Mixed trend in rubber market

Spot rubber showed combined pattern on Tuesday. RSS-4 ongoing to rule continual at ₹114 and ₹115 per kg, respectively, in accordance to traders and the Rubber Board. However, ISNR 20 lost more on incredibly small demand from customers but latex strengthened more on enquiries from the standard rubber goods sector. In general volumes have been small.

In futures, June contracts enhanced to ₹116.65 (113.36) and July to ₹116.03 (112.eighty) per kg on the Indian Commodity Trade (ICEX). The in close proximity to thirty day period July was up by two.ninety per cent with a volume of 85 heaps and total trade value of ₹98.seventeen lakh.

RSS-3 (location) weakened to ₹106.31 (106.63) per kg at Bangkok. Its June futures firmed up to ₹97.04 (ninety six.fifty six) and July to ₹101.89 (a hundred and one.forty five) on the Tokyo Commodity Trade (TOCOM).

Spot rubber premiums (₹/kg): RSS-4: 114 (114) RSS-five: 108 (108) ISNR 20: 105 (106) and Latex (60% drc): 82 (eighty.50).

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Could 26, 2020

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