Rss 4 News Today

Holiday mood in market keeps spot rubber flat April 05, 2021 Spot rubber closed unchanged on Monday. The market ended in a stalemate as most traders continued to remain in a holiday mood even after Easter since Kerala Assembly elections will be held in a single phase on April 6. Another firm closing in domestic futures also failed to make any visible impact in the physical market. “The commodity is expected to remain range-bound with an upward bias this week as major consuming industries are...

Spot rubber breaches the ₹170/kg mark Kottayam | Updated on × Spot rubber continued the bull run despite a weak closing in overseas markets on Tuesday. The commodity managed to break above the much awaited 170 level on fresh buying and short covering during late trading hours. “It was important for the market to sustain above the Minimum Support Price to move towards a new high,” an observer told BusinessLine. RSS 4 improved to ₹171 (170) per kg, according to traders and the Rubber ...

Spot rubber made all-round gains on Monday. RSS 4 improved to ₹170 (169) per kg, according to traders and the Rubber Board. The grade crossed the Minimum Support Price (MSP) offered by the Kerala gove

Spot rubber ended in green on Friday. RSS 4 concluded at ₹168 (166) per kg, according to traders and the Rubber Board. The grade firmed up to ₹163 (161) as reported by the Dealers. There were no quant

Spot rubber resumed the upward journey on Thursday. RSS 4 improved further to ₹166 (164.50) per kg, according to traders and the Rubber Board. The grade was quoted firm at ₹161 (159.50) per kg by deal

March 10, 2021 Spot rubber prices shoot up Spot rubber continued to explore further highs on Wednesday. RSS 4 edged up to ₹164.50 from ₹164 and ₹163.50 per kg respectively, according to traders and the Rubber Board. The grade firmed up to ₹159.50 (158.50) as per dealers. According to The Association of Natural Rubber Producing Countries (ANRPC), the outlook of world production of natural rubber (NR) is likely to fall 12.4 per cent, year-on-year, to 897,000 tonnes in February 2021. The ...

Spot rubber rebounds in a mixed trade March 04, 2021 Spot rubber regained strength on Thursday. RSS-4 improved to ₹160 (159.50) a kg as per traders and the Rubber Board. The grade was quoted firm at ₹155 (154.50) by dealers. The trend was mixed as ISNR 20 ended in red and latex finished flat amidst extremely dull volumes . According to reports, the Finance Ministry has decided not to impose anti-dumping duty on truck and bus radial tyres imported from Thailand. Nearly 50% of truck & bus ra...

Spot rubber finished flat on Wednesday. Sentiments remained neutral despite a marginal recovery in Bangkok spot and domestic futures, as most traders preferred to stay away from a choppy market.RSS 4

Buyer resistance saps rubber March 01, 2021 × Spot rubber closed lower on Monday. The commodity opened steady but lost the initial strength on buyer resistance and profit booking at higher levels, following the sharp declines in overseas markets and domestic futures on MCX. The trend was partially mixed as ISNR20 managed to close unchanged on better demand. RSS 4 weakened to ₹160 (160.50) per kg, according to traders and the Rubber Board. The grade slid to ₹156 (156.50) as reported by dea...

Spot rubber holds steady on buyer resistance February 19, 2021 Spot rubber was quoted steady despite a firm closing in overseas markets on Friday. RSS 4 finished flat at ₹157.50 per kg, according to traders and the Rubber Board. The grade hit an intra-day high of ₹158.50 during early trades, but shed the initial gains later on buyer resistance. The trend was mixed as RSS 5 and Latex improved further on enquiries from the general rubber goods sector. In futures, the natural rubber contract...