Day: September 7, 2020

Dip in spot rubber prices

Location rubber dipped further more on Monday. Sustained weak point in Shanghai rubber futures continued to solid its shadow about the industry while a continual boost in Covid-19 conditions and the absence of domestic buyers held it underneath tension all through the day. The all round volumes were dull.

RSS4 declined to ₹134.50 (₹135.50) for every kg both of those at Kottayam and Kochi, in accordance to traders and the Rubber Board. The quality dropped to ₹130.50 (₹131.50) for every kg as for every sellers.

Natural rubber futures closed lessen on the Shanghai Futures Exchange (SHFE) in day-time buying and selling on Monday. In accordance to sources, the most lively January 2021 shipping and delivery in the international trendsetter went down by seventy five yuan (₹806.24) to close at twelve,465 yuan (₹133,997.22) a tonne.

Location rubber prices (₹/kg) were: RSS4:₹134.50 (₹135.50) RSS5: ₹130.00 (₹132.00) ISNR20: ₹110.00 (₹111.00) and Latex (sixty

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