On Monday, spot rubber witnessed gain. According to observers, the market improved following the firm closing in domestic rubber futures on NMCE. Sheet rubber ended better at Rs 101 from Rs 100 a kg on covering purchases. There were no fresh enquiries from major consuming industries. Latex 60 per cent remained unchanged on extremely low demand.
RSS 4 firmed up at its August futures to Rs 102.75 (102.19), September to Rs 99.96 (99.35), October to Rs 97.90 (97.18) and November to Rs 97.35 (96.91) a kg on National Multi Commodity Exchange (NMCE). RSS 3 improved at its August futures to Yen 190.9 (Yen 187.3) (Rs 93.88), September to Yen 187.5 (Yen 183.5), October to Yen 188.9 (Yen 184.8), November to Yen 191.6 (Yen 187.1), December to Yen 193.7 (Yen 189.3) and January to Yen 196.4 (Yen 191.9) a kg during the day session on TOCOM.
The September futures for the grade ended at Yen 191.2, October at Yen 192, December at Yen 196.2 and January at Yen 198.8 a kg while the August and November futures remained inactive during the night session. RSS 3 (spot) moved up to Rs 96 from Rs 95.35 a kg at Bangkok.
Spot rates were (Rs/kg): RSS-4: 101 (100), RSS-5: 99 (98), ungraded: 97 (96), ISNR 20: 93.50 (92.50) and latex 60 per cent: 77 (77).
RSS 4 firmed up at its August futures to Rs 102.75 (102.19), September to Rs 99.96 (99.35), October to Rs 97.90 (97.18) and November to Rs 97.35 (96.91) a kg on National Multi Commodity Exchange (NMCE). RSS 3 improved at its August futures to Yen 190.9 (Yen 187.3) (Rs 93.88), September to Yen 187.5 (Yen 183.5), October to Yen 188.9 (Yen 184.8), November to Yen 191.6 (Yen 187.1), December to Yen 193.7 (Yen 189.3) and January to Yen 196.4 (Yen 191.9) a kg during the day session on TOCOM.
The September futures for the grade ended at Yen 191.2, October at Yen 192, December at Yen 196.2 and January at Yen 198.8 a kg while the August and November futures remained inactive during the night session. RSS 3 (spot) moved up to Rs 96 from Rs 95.35 a kg at Bangkok.
Spot rates were (Rs/kg): RSS-4: 101 (100), RSS-5: 99 (98), ungraded: 97 (96), ISNR 20: 93.50 (92.50) and latex 60 per cent: 77 (77).
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