KOCHI: Natural rubber prices refused to come down this week with the spot market witnessing hardly any arrivals.
In the physical market, RSS 4 settled flat at Rs 101 and Rs 101.25 a kg respectively at Kottayam and Kochi.
The rates sustained even amidst buyer resistance as the arrivals were too low and nobody seemed interested to sell the stocks since the off-season target has been projected at Rs 125 a kg for sheet rubber.
In domestic Futures, rubber was almost steady on NMCE. The March Futures was traded at Rs 101.20 (101.23), April at Rs 104 (104.02), May at Rs 106 (105.66) and June at Rs 107.75 (107.77) per kg for RSS 4.
The volumes improved to 1,047 (941) tonnes trading 341 (232) tonnes in March, 459 (509) tonnes in April 173 (129) tonnes in May and 74 (71) tonnes in June.
Spot prices were (Rs/kg): RSS-4: 101 (101); RSS-5: 99 (99); ungraded: 97 (97); ISNR 20: 98.50 (98.50) and latex 60 per cent: 66 (66).
In the physical market, RSS 4 settled flat at Rs 101 and Rs 101.25 a kg respectively at Kottayam and Kochi.
The rates sustained even amidst buyer resistance as the arrivals were too low and nobody seemed interested to sell the stocks since the off-season target has been projected at Rs 125 a kg for sheet rubber.
In domestic Futures, rubber was almost steady on NMCE. The March Futures was traded at Rs 101.20 (101.23), April at Rs 104 (104.02), May at Rs 106 (105.66) and June at Rs 107.75 (107.77) per kg for RSS 4.
The volumes improved to 1,047 (941) tonnes trading 341 (232) tonnes in March, 459 (509) tonnes in April 173 (129) tonnes in May and 74 (71) tonnes in June.
Spot prices were (Rs/kg): RSS-4: 101 (101); RSS-5: 99 (99); ungraded: 97 (97); ISNR 20: 98.50 (98.50) and latex 60 per cent: 66 (66).
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