Page 2 - Sheet Rubber News Today

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 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

Fresh buying lifts rubber February 22, 2021 × Spot rubber explored further highs on Monday. The commodity resumed the upward journey on fresh buying and short covering tracking the overall gains in major overseas markets and domestic futures on MCX. According to observers, certain companies bought sheet rubber up to the prevailing levels during late trading hours. RSS 4 firmed up to ₹160 (158) per kg, according to traders and the Rubber Board. The grade improved to ₹156 (154), as per 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...

Spot rubber continued to rule higher on Wednesday. “We expect sheet rubber to cross 160 soon since the majority of growers are not interested to sell their produce at the prevailing levels,” a dealer

Spot rubber ended in red on Friday. The market opened steady but lost the initial strength later on buyer resistance, reflecting the overall weakness in domestic futures and Bangkok spot prices. RSS 4

Spot rubber closed unchanged on Wednesday. The market lost its direction amidst low volumes tracking an almost similar closing in domestic futures and weak overseas trendsetters.RSS 4 was quoted stead

Rubber improves on bullish cues February 09, 2021 Spot rubber made all-round gains on Tuesday. RSS 4 improved to ₹155 (154) per kg, according to traders and the Rubber Board. As per reports, the upward revision forecasts for 2021 released by the International Monetary Fund (IMF) recently have boosted the market confidence over the post-pandemic recovery. In addition, the positive sentiment in crude oil market may also be advantageous to the commodities market. According to the Association of...

Spot rubber closed higher on Monday. The market improved reacting closely to the overall gains in domestic futures and global cues as the progress in vaccine distribution and the US stimulus hopes pro