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Spot rubber holds firm on Aug.16

Spot rubber closed unchanged on Thursday. RSS 4 finished flat at ₹133 and ₹132.50 a kg, respectively according to traders and the Rubber Board. The trend was partially mixed as latex firmed up to ₹91 (90) amidst scattered transactions. RSS 4 improved at its September futures to ₹134.40 (132.98) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) weakened to ₹102.97 (103.62) at Bangkok. Its August futures declined to ₹100.73 (102.44)on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 133 (133); RSS-5: 131 (131); ISNR 20: 129 (129) and Latex (60% drc): 91 (90).Published on August 16, 2018.
Reuters