Rubber rules steady – The Hindu BusinessLine

Actual physical rubber selling prices have been steady on Tuesday. Sentiments remained neutral following nevertheless a further weak closing in worldwide trendsetters, but the commodity managed to sustain at the prevailing amounts on supply fears. The transactions have been reduced.

RSS4 closed unchanged at ₹134.fifty for every kg, both of those at Kottayam and Kochi, in accordance to traders and the Rubber Board. The quality was quoted steady at ₹130.fifty for every kg by sellers.

Purely natural rubber futures ongoing to keep on being underneath force on Shanghai Futures Trade (SHFE) in working day-time investing on Tuesday. The most lively January 2021 shipping and delivery was down by ₹107.seventy six to shut at ₹134,792.forty nine a tonne. In place, RSS 3 declined to ₹143.33 (148.87) for every kg at Bangkok.

Place rubber charges (Rs/kg) have been — RSS4: ₹134.fifty (₹134.fifty) RSS5: ₹130.00 (₹130.00) ISNR20: ₹110.00 (₹110.00) and Latex (sixty for every cent drc): ₹77.fifty (₹77.fifty).