Agri Busines

Rubber price rules flat

Our Corresponden | February 05, 2019

Spot rubber continued to rule almost unchanged on Tuesday. RSS 4 remained neutral at Rs.123.00 and Rs.123.50 a kg respectively according to traders and the Rubber Board. The trend was partially mixed as ISNR 20 lost further probably on import pressure.

The February futures slid to Rs.122.14 (122.77) per kg on the Indian Commodity Exchange (ICEX).

RSS 3 weakened at its February futures to Rs.121.88 (122.34) per kg on the Tokyo Commodity Exchange (TOCOM).

Spot rubber rates (₹/kg) were:

RSS-4: 123.00 (123.00)

RSS-5: 116.50 (116.50)

ISNR 20: 113.50 (115.00)

and

Latex (60% drc): 84.00 (84.00)

Published on February 05, 2019
In Agri Business
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