Spot rubber remain unchanged – The Hindu BusinessLine

Truman Slate

Location rubber shut unchanged on Thursday. The commodity shed its path on buyer resistance as the big consuming industries withdrew from the market place, maybe to steer clear of one more sharp rise in price ranges. But it managed to maintain at the prevailing amounts on supply concerns.

RSS4 concluded flat at ₹129.00 for each kg, in accordance to traders and the Rubber Board. The quality was quoted continual at ₹125.00 for each kg by sellers. The volumes were dull.

RSS4 weakened at its August futures to ₹131.twelve (131.sixteen) for each kg on the Indian Commodity Trade (ICEX). The contracts were down by .03 for each cent with a volume of fifty two tons and overall trade worth of ₹68.32 lakhs.

RSS3 improved at its July futures to ₹104.forty one (103.35) and August to ₹104.forty one (103.forty nine) for each kg on the Tokyo Commodity Trade (TOCOM). SMR twenty firmed up to ₹88.81 (88.38) and Latex 60 for each cent to ₹83.seventy eight (83.46) for each kg at Kualalumpur. RSS 3 (place) bounced again to ₹114.94 (113.88) for each kg at Bangkok.

Location rubber costs (Rs/kg) were:

RSS4:129.00 (129.00) RSS5: 126.00 (126.00) ISNR20: 109.00 (109.00) and Latex (60 for each cent drc): 81.fifty (81.fifty).

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