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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 world consumption of natural rubber is estimated to recover at 47.5 per cent, year-on-year, to 1.103...

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 dealers. In futures, the natural rubber contract for February delivery firmed up to ₹163.50 (161.84) ...

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 for February delivery improved to ₹162.49 (161.06) per kg from Wednesday’s settlement price on ...

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