Mixed trend in rubber market
Place rubber showed combined craze on Tuesday. RSS-four ongoing to rule steady at ₹114 and ₹115 for each kg, respectively, according to traders and the Rubber Board. However, ISNR twenty missing even further on particularly reduced desire but latex strengthened even further on enquiries from the general rubber goods sector. Over-all volumes ended up reduced.
In futures, June contracts enhanced to ₹116.sixty five (113.36) and July to ₹116.03 (112.eighty) for each kg on the Indian Commodity Trade (ICEX). The in close proximity to thirty day period July was up by two.90 for each cent with a volume of 85 a lot and total trade price of ₹98.17 lakh.
RSS-three (spot) weakened to ₹106.31 (106.sixty three) for each kg at Bangkok. Its June futures firmed up to ₹97.04 (96.fifty six) and July to ₹101.89 (one zero one.forty five) on the Tokyo Commodity Trade (TOCOM).
Place rubber charges (₹/kg): RSS-four: 114 (114) RSS-five: 108 (108) ISNR twenty: a hundred and five (106) and Latex (sixty{bcdc0d62f3e776dc94790ed5d1b431758068d4852e7f370e2bcf45b6c3b9404d} drc): eighty two (eighty.50).
Released on
Might 26, 2020
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