Spot rubber continued to rule constant on Friday. RSS four was quoted unchanged at ₹152 for each kg by traders and the Rubber Board. The grade concluded flat at ₹148 a kg as for each dealers. The pattern was mixed as RSS five and latex improved marginally on enquiries from the non-tyre sector but the all round volumes ended up very low sans bulk consumers in the local buying and selling houses.
The natural rubber agreement for January shipping and delivery declined by .70% to ₹153.70 (154.seventy eight) for each kg on the Multi Commodity Exchange (MCX).
RSS three (location) improved to ₹165.fourteen (163.31) for each kg at Bangkok. SMR twenty weakened to ₹117.31 (118.95) and Latex to ₹102.sixty seven (103.57) for each kg at Kuala Lumpur.
The most lively NR agreement for May shipping and delivery was up by 285 Yuan (₹3229.62) from Thursday’s settlement value to near at fourteen,820 Yuan (₹167,939.ninety nine) a tonne on Shanghai Futures Exchange (ShFE). According to experiences, the outcome of election to the very important two US Senator seats in Ga took overseas rubber costs to more highs.
Spot rubber rates (₹/kg) ended up: RSS four:152 (152) RSS five: 142 (141.fifty) ISNR20: one hundred twenty five (one hundred twenty five) and Latex (60% drc): one hundred and five.fifty (one hundred and five).
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