Rubber ends in red on Dec.4
2020/12/5 17:07:09Editor：AmandaFont Size：Big Medium Small
Spot rubber ended in red on Friday. According to observers, the commodity opened steady but failed to hold at higher levels on buyer resistance tracking the sharp declines in global trendsetters. Profit booking from certain dealers put further pressure on prices.
RSS 4 weakened to Rs 163.00 (164.00) per/kg, according to traders and the Rubber Board. The grade dropped to Rs 159.00 (160.00) per kg, as per Dealers. The trend was mixed as ISNR 20 and Latex were unchanged and almost inactive during the day.
The Hindu Business Line
Related Article
- Shanghai natural rubber futures close lower on Dec.4
- Continental Tires Awarded Preferred Partner in APAC Markets for the Global Tires Program
- China publishes 2025 rubber industry production, development goals
- Audi increases budget for electromobility up to 2025
- Shanghai natural rubber futures close higher on Dec.3
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
