Mixed trend in rubber market
Location rubber confirmed combined pattern on Tuesday. RSS-four ongoing to rule continuous at ₹114 and ₹115 for each kg, respectively, according to traders and the Rubber Board. Even so, ISNR 20 missing additional on particularly low need but latex strengthened additional on enquiries from the general rubber products sector. Total volumes had been low.
In futures, June contracts improved to ₹116.65 (113.36) and July to ₹116.03 (112.80) for each kg on the Indian Commodity Exchange (ICEX). The around thirty day period July was up by two.90 for each cent with a volume of 85 plenty and full trade worth of ₹98.17 lakh.
RSS-3 (place) weakened to ₹106.31 (106.sixty three) for each kg at Bangkok. Its June futures firmed up to ₹97.04 (ninety six.56) and July to ₹101.89 (101.forty five) on the Tokyo Commodity Exchange (TOCOM).
Location rubber premiums (₹/kg): RSS-four: 114 (114) RSS-five: 108 (108) ISNR 20: one hundred and five (106) and Latex (60% drc): eighty two (80.fifty).
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May 26, 2020
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