Spot rubber regains strength on Dec.3
2018-12-3 21:31:09Editor：AmandaFont Size：Big Medium Small
Spot rubber regained strength on covering purchases at lower levels on Monday. RSS 4 improved to ₹119.50 (119) a kg, according to traders and the Rubber Board. The trend was mixed as latex continued to remain flat and almost inactive during the day.December futures firmed up to ₹122.65 (122.10) on the Indian Commodity Exchange (ICEX).
RSS 3 (spot) improved to ₹94.62 (94.13) at Bangkok. Its December futures flared up to ₹87.40 (85.51) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 119.50 (119); RSS-5: 117 (116); ISNR 20: 108.50 (107) and Latex (60% drc): 81.50 (81.50).
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