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Spot rubber ends weak

Spot rubber ends weak

APRIL 10 2018

 

Spot rubber was weak on Tuesday. RSS 4 slid to 121.50 (122)according to traders and the Rubber Board. The grade dropped to 117.50 (118) as quoted by the dealers. The trend was mixed. In futures, April contracts closed at 119.60 (119.76), May at 122.50 (122.71), June at 124.48 (125) and July at 126.52 (126.25) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) firmed up to 111.85 (111.82) at Bangkok. Its April futures improved to 106.88 (105.79) on TOCOM.

 

Spot rubber rates (/kg) were: RSS-4: 121.50 (122); RSS-5: 119.50 (120); ISNR 20: 109 (109) and Latex (60% drc): 83 (82.50).

 

Source:https://www.thehindubusinessline.com

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