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Spot rubber remains neutral on Oct.24

Spot rubber continued to remain neutral on Wednesday. RSS 4 closed steady at ₹128 a kg, as reported by traders and the Rubber Board. According to observers the market lost its direction amidst extremely dull volumes and latex declined further on low demand. RSS 3 (spot) firmed up to ₹105.98 (105.82) at Bangkok. Its October futures improved to ₹94.30 (93.98) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 128 (128); RSS-5: 123.50 (123.50); ISNR 20: 115 (115) and Latex (60% drc): 95 (95.50).


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