Rubber Witnesses Up Trend

Kottayam: The domestic rubber futures improved further on April 6. The last traded rate for RSS 4 in the most active May delivery was Rs 97.89 against Rs 97.04 a kg on MCX. The April contract for the grade was quoted better at Rs 94.85 (94.15), May at Rs 98.75 (97.39), June at Rs 102.50 (100.96) and July at Rs 103.60 (102.32) per kg on NMCE. The volumes were 688 (1,128) lots, while the open interest was 12,685 (12,660) lots with 4267 lots in April, 5394 lots in May, 2475 lots in June and 549 lots in July. The May futures for RSS 3 firmed up to 277.3 Yen (Rs 99.71) from 274 Yen a kg at TOCOM.