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India: Buyer resistance saps rubber

22/09/2015 By huong.nt

KOTTAYAM, SEPTEMBER 22:  

Spot rubber turned weak on Tuesday on buyer resistance amidst extremely dull volumes. The trend was mixed. RSS 4 declined to ₹112 from ₹113 and ₹112.50 a kg respectively, according to traders and the Rubber Board. The grade dropped ₹109 (₹109.50) as reported by the dealers. October futures weakened to ₹113 (₹113.79), November to ₹112.40 (₹113.59), December to ₹112.76 (₹113.54) and January to ₹113.85 (₹114.68) on the National Multi Commodity Exchange. RSS 3 (spot) slipped to ₹89.42 (₹89.69) at Bangkok. Spot rubber rates (₹/kg) were: RSS-4: 112 (113); RSS-5: 109 (110); Ungraded: 99 (100); ISNR 20: 99.50 (99.50) and Latex (60% drc): 82.50 (82.50).

Arrivals in tonnes;prices in Rs/quintal in domestic market.

Arrivals Price
Current %
change
Season
cumulative
Modal Prev.
Modal
Prev.Yr
%change
Rubber
Udaipura(Raj) 160.00 158.06 8840.40 2640 2640 -18.14
Jaipur (Grain)(Raj) 105.00 16.67 6466.00 2600 2575 –
Ajmer (Grain)(Raj) 48.30 23.85 3967.20 2750 2730 -17.17
Jaipur(Grain)(Chandpole)(Raj) 25.00 150 1949.20 2725 2650 -16.15
Lakhimpur(UP) 8.00 -11.11 1102.00 3000 2970 -10.71
Pulpally(Ker) 1.00 -50 176.60 9700 9300 -28.68
Irikkur(Ker) 1.00 NC 96.00 9500 9300 NC

Filed Under: Global rubber market news, News

NEWS

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Thailand: Natural Rubber prices: November 11, 2016

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Vietnam: F.O.B SVR physical prices: November 11, 2016

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Indonesia: Natural Rubber Prices on November 10, 2016

Tokyo rubber futures rise to near 6-1/2 month high

Asian physical rubber prices: November 9, 2016

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